 "MRF posts over 12-fold increase in net profit at Rs 166 crore in Q1")
Tyre major MRF on Monday posted over 12-fold increase in its consolidated net profit at Rs 166 crore for the first quarter ended June 30.
The company had reported a net profit of Rs 13 crore in the April-June quarter of last fiscal.
Revenue from operations rose to Rs 4,184 crore for the first quarter as against Rs 2,461 crore in the Q1 of 2020-21, MRF said in a regulatory filing.
MRF shares were trading 3.16 per cent up at Rs 82,020.25 apiece on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
