The company opted not to disclose figures for its international operations, citing their insignificance in meeting the disclosure threshold specified in the Indian Accounting Standards
Corporate leaders to speak about their companies in campaign curated by CII
The company declared an interim dividend of Rs 3
Leading labels from diverse industries such as Coca-Cola, MRF, Royal Stag, Meta and Booking.com are running ad and marketing campaigns with catchy phrases
The benefits of lower raw material cost resulted in better profitability during the quarter
The revenue from operations for Q1FY24 came in at Rs 6,440.29 crore, compared to Rs 5,695.93 crore year-on-year
Overall trend of the MRF shares has become lucrative and highly optimistic following decisive rally over the key hurdle of Rs 95,000. The short-to-medium trend is poised for 20 per cent upside.
So far in the current calendar year 2023, MRF has outperformed the market by gaining 14% on improved financial performance. In comparison, the S&P BSE Sensex gained 3% during the period
Stocks to Watch on Wednesday: The Supreme Court will, on Wednesday, hear a batch of Public Interest Litigations (PILs) seeking an investigation into the Adani Group-Hindenburg report
Analysts at Motilal Oswal Financial Services (MOFSL) said that MRF's Q4FY23 performance surprised positively as lower raw material costs boosted Ebitda margin to 14.7 per cent
MRF's board has recommended a final dividend of Rs 169 (1,690 per cent) per share
Its consolidated revenue from operations rose 10 per cent to Rs 5,841.7 crore in Q4FY23
Q4 results: Godrej Properties, Reliance Power, Bajaj Consumer, Chola Investment, JK Agri Genetic, Petronet LNG, Sula Vineyards, Sonata, and Tata Chemicals will also announce their results today
MRF scored well in almost all parameters and has also been named the world's second fastest-growing tyre brand. It has scored 83.2 out of 100 in brand strength and was awarded a AAA- brand rating
Pune's Rugved Barguje will defend his title at the 22nd edition of the MRF MoGrip FMSCI National Supercross Championship 2023, which will kick-start here on Saturday. The first of the six rounds of the biggest off-road racing National Championship in India will be promoted by Godspeed Racing, Pune. The bikers will experience highly-technical, custom-made tracks with jumps, table tops, hoops and other obstacles, created by a team headed by Shyam Kothari, a 7-time National champion and head of Godspeed, the rights-holder. After the first round here, the Championship will travel to Vadodara, Nasik, Bengaluru, Guwahati, and Shillong is expected to host the grand finale in the picturesque north-east hill station. About 120 riders, the cream of talent from all over the country, will fight for points in eight categories, where top factory riders from Petronas TVS Racing and Hero MotoSports vie with talented privateers. With MRF Tyres as the title sponsor, the Supercross Nationals is the
Tyre maker MRF Ltd on Thursday reported a 17 per cent rise in consolidated net profit from continuing operations at Rs 174.83 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit from continuing operations at Rs 149.39 crore in the same quarter last fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 5,644.55 crore, as against Rs 4,920.13 crore in the year-ago period, it added. Total expenses were higher at Rs 5,484.72 crore in the third quarter, as compared to Rs 4,787.33 crore in the corresponding period a year ago. The board of directors has declared a second interim dividend of Rs 3 per equity share (at 30 per cent) for the financial year ending March 31, 2023, MRF Ltd said. The company further said its board has also approved the re-appointment of Arun Mammen as its Managing Director with the designation "Vice Chairman & Managing Director" for a period of
CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards
Most tyre stocks including JK Tyre, Apollo Tyres, CEAT, MRF and TVS Srichakra look strong on technical charts, looking to rally up to 16 per cent
In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India
Sales rise for domestic players after India last year banned sale of toys that are not certified by Bureau of Indian Standards