MRF standalone net profit declines 32.28% in the March 2017 quarter

Sales decline 1.42% to Rs 3338.44 crore

Net profit of MRF declined 32.28% to Rs 286.77 crore in the quarter ended March 2017 as against Rs 423.46 crore during the previous quarter ended March 2016. Sales declined 1.42% to Rs 3338.44 crore in the quarter ended March 2017 as against Rs 3386.48 crore during the previous quarter ended March 2016.

For the full year,net profit declined 41.34% to Rs 1451.08 crore in the year ended March 2017 as against Rs 2473.90 crore during the previous year ended March 2016. Sales declined 33.40% to Rs 13245.81 crore in the year ended March 2017 as against Rs 19887.24 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3338.443386.48 -1 13245.8119887.24 -33 OPM %15.6621.44 -19.5221.95 - PBDT526.62734.79 -28 2675.524340.71 -38 PBT364.43594.88 -39 2066.373605.95 -43 NP286.77423.46 -32 1451.082473.90 -41

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