MRF consolidated net profit declines 50.26% in the March 2022 quarter

Sales rise 10.14% to Rs 5304.82 crore

Net profit of MRF declined 50.26% to Rs 165.21 crore in the quarter ended March 2022 as against Rs 332.15 crore during the previous quarter ended March 2021. Sales rose 10.14% to Rs 5304.82 crore in the quarter ended March 2022 as against Rs 4816.46 crore during the previous quarter ended March 2021.

For the full year,net profit declined 47.60% to Rs 669.24 crore in the year ended March 2022 as against Rs 1277.07 crore during the previous year ended March 2021. Sales rose 19.51% to Rs 19316.72 crore in the year ended March 2022 as against Rs 16163.19 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales5304.824816.46 10 19316.7216163.19 20 OPM %10.1815.91 -10.6118.20 - PBDT538.81747.40 -28 2112.982877.61 -27 PBT228.04448.99 -49 907.931736.84 -48 NP165.21332.15 -50 669.241277.07 -48

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