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ResultsEconomic Times

MRF shares fall after heavy raw material costs push Q2 profit down

Negative-57Company event

GreyOak summary

MRF reported a 27% drop in Q2 profit to Rs 387 crore due to a 43% surge in raw material costs, despite 17% revenue growth.

What it affects

  • MRFNegative -57

    Profit fell 27%Rolling sentiment Negative -61

Source

Read the original at Economic Times

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