The Chennai-based company had posted net profit of Rs 179.89 crore for the same period of previous fiscal, MRF Ltd said in a filing to the BSE.
Net sales of the company rose to Rs 3,351.68 crore for the first quarter, as compared to Rs 3,197.12 crore during the same period of the previous fiscal, 2013-14.
MRF Ltd follows September-October as its financial year.
The company's scrip closed at Rs 40,702.71, up 7.44 per cent, on the BSE.
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