Moneycontrol
Last Updated : Nov 08, 2018 03:16 PM IST | Source: PTI

MRF Q2 profit falls 12.29% to Rs 263.04 crore

The company had reported a profit of Rs 299.92 crore during the same period of the previous fiscal.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Tyre major MRF posted a 12.29 percent decline in its profit at Rs 263.04 crore for the quarter ended September 30, 2018, on account of higher expenses.

The company had reported a profit of Rs 299.92 crore during the same period of the previous fiscal.

Total income rose to Rs 4,004.85 crore for the quarter under review, up 9.41 percent as compared with Rs 3,660.22 crore in the same period of the previous year, MRF said in a regulatory filing.

Total expenses in the second quarter of this fiscal stood at Rs 3,611.19 crore, up 12.17 percent, as against Rs 3,219.30 crore reported in the corresponding quarter a year ago.
First Published on Nov 8, 2018 03:04 pm
Loading...
Sections
Follow us on
Available On