Leading tyre maker MRF today posted a net profit of Rs 119.41 crore for the quarter ended December 31.
The company had a net loss of Rs 38.30 crore for the same period corresponding fiscal, MRF said in a filing to the Bombay Stock Exchange (BSE).
Net sales stood at Rs 1,653.84 crore for the latest quarter while the same was Rs 1,351.30 crore during the corresponding fiscal.
Shares of MRF were trading at Rs 5,825 on BSE, up 2.50 per cent from its previous close.
