MRF consolidated net profit rises 131.01% in the March 2020 quarter
Sales decline 10.94% to Rs 3685.16 crore
Net profit of MRF rose 131.01% to Rs 679.02 crore in the quarter ended March 2020 as against Rs 293.93 crore during the previous quarter ended March 2019. Sales declined 10.94% to Rs 3685.16 crore in the quarter ended March 2020 as against Rs 4137.67 crore during the previous quarter ended March 2019.For the full year,net profit rose 25.82% to Rs 1422.57 crore in the year ended March 2020 as against Rs 1130.61 crore during the previous year ended March 2019. Sales rose 1.10% to Rs 16239.36 crore in the year ended March 2020 as against Rs 16062.46 crore during the previous year ended March 2019.
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