MRF Q2 net dips 19 pc at Rs 171 cr

Tyre maker MRF today reported 18.86 per cent decline in net profit at Rs 170.87 crore for the quarter ended March 31, 2013.

The Chennai-based tyre manufacturer had posted a net profit of Rs 210.61 crore for the same period of previous fiscal.

However, net sales of the company rose to Rs 3,297.40 crore for the second quarter as compared to Rs 2,904.77 crore in the same period of previous fiscal, MRF Ltd said in a filing to the BSE.

MRF Ltd follows September-October as its financial year.

MRF shares today closed at Rs 21,801 apiece on the BSE, down 7.48 per cent from its previous close.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The current value of the rupee does not merit market intervention

    The rupee, losing 40 paise per month against the dollar since May, is expected to remain under pressure till the calendar runs out on December 31, bef

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture