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MRF Q2 net profit falls 13% to ₹417 crore; dividend declared

Negative-353 sourcesCompany event

GreyOak summary

MRF Ltd reported a 13% decline in net profit to ₹417 crore for the September quarter, despite a 17.4% rise in revenue to ₹8,660 crore. EBITDA margin contracted to 11% from 15.25%. The board declared an interim dividend of ₹3 per share, payable after December 1, 2026.

What it affects

  • MRFNegative -35

    Net profit fell 13% to ₹417 croreRolling sentiment Negative -61

Source

Read the original at CNBC-TV18

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