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MRF Q2 Net Profit Falls 28% To Rs 369 Crore
GreyOak summary
MRF Ltd reported a 27.8% year-on-year decline in consolidated net profit to Rs 369 crore in Q2FY27, despite a 17.6% surge in revenue. EBITDA dropped 16.3% to Rs 913 crore, and margins contracted to 10.7%. The company approved an interim dividend of Rs 3 per share with a record date of November 17.
What it affects
- MRFNegative -43
Net profit fell 28% to Rs 369 croreRolling sentiment Negative -61
Source
Read the original at NDTV ProfitMore MRF news
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