Moneycontrol Bureau
Tyre maker MRF's fourth quarter (July-September) net profit rose 11.5 percent year-on-year to Rs 184 crore and income from operations increased 5.2 percent Y-o-Y to Rs 3,146 crore.
For the year ended September 2013, the company recorded a 40 percent growth in net profit at Rs 802.21 crore and 2.2 percent growth in net sales at Rs 12,122.8 crore as compared to previous year.
Tax expenses for the quarter jumped 62 percent to Rs 118.64 crore and for the year, it surged 63 percent to Rs 424.6 crore year-on-year.
MRF has recommended a final dividend of Rs 24 per share for the financial year 2012-13.
The stock closed at Rs 17,558.55, down 0.98 percent from previous close after hitting a 52-week high of Rs 18,025 on the BSE.
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