MRF September quarter net up 45% at Rs 461 crore

Net sales of the company declined to Rs 3,327.21 crore during the June-September period

MRF September quarter net up 45% at Rs 461 crore
Press Trust of India New Delhi
Last Updated : Oct 29 2015 | 2:37 PM IST
Tyre maker MRF today reported a 45.38% surge in its net profit at Rs 460.73 crore for the quarter ended September 30.

The company had posted a net profit of Rs 316.91 crore during the same period of the previous fiscal.

Net sales of the company declined to Rs 3,327.21 crore during the June-September period compared with Rs 3,359.91 crore during the same period of previous fiscal, MRF Ltd said in a regulatory filing.

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The company's board, which met today, approved a second interim dividend of Rs 3 per equity share for the period ending March 31, 2016.

Shares of MRF were trading at Rs 40,901.05, down 0.83%, on BSE.
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First Published: Oct 29 2015 | 2:07 PM IST

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