MRF consolidated net profit declines 51.08% in the March 2021 quarter

Sales rise 30.70% to Rs 4816.46 crore

Net profit of MRF declined 51.08% to Rs 332.15 crore in the quarter ended March 2021 as against Rs 679.02 crore during the previous quarter ended March 2020. Sales rose 30.70% to Rs 4816.46 crore in the quarter ended March 2021 as against Rs 3685.16 crore during the previous quarter ended March 2020.

For the full year,net profit declined 10.23% to Rs 1277.07 crore in the year ended March 2021 as against Rs 1422.57 crore during the previous year ended March 2020. Sales declined 0.47% to Rs 16163.19 crore in the year ended March 2021 as against Rs 16239.36 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales4816.463685.16 31 16163.1916239.36 0 OPM %15.9115.83 -18.2014.62 - PBDT747.40570.82 31 2877.612416.57 19 PBT448.99303.82 48 1736.841434.25 21 NP332.15679.02 -51 1277.071422.57 -10

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