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Tyre maker MRF Ltd on Thursday reported a 38 per cent rise in consolidated net profit at Rs 702.25 crore in the fourth quarter ended March 31, 2026, on the back of strong sales growth. The company had posted a consolidated net profit of Rs 510.5 crore in the corresponding period of the previous fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 8,044.22 crore, as against Rs 7,074.82 crore in the year-ago period. Total expenses in the quarter under review increased to Rs 7,267.51 crore, compared to Rs 6,531.04 crore in the same period a year ago, the company said. MRF said its board has recommended a final dividend of Rs 229 per share of Rs 10 each, subject to approval of shareholders at the ensuing annual general meeting. For the entire FY26, consolidated net profit increased to Rs 2,426.1 crore from Rs 1,873.29 crore in FY25. Consolidated revenue from operations in FY26 stood at Rs 31,149.01 crore as against Rs 28
Automotive Tyre Manufacturers' Association on Monday said Arun Mammen, Vice Chairman & Managing Director of MRF Ltd has been re-elected as its Chairman. In other top leadership changes, Rajarshi Moitra, Managing Director, Bridgestone India Pvt Ltd has been appointed new Vice Chairman of the Automotive Tyre Manufacturers' Association (ATMA), the association said in a statement. The national industry body for automotive tyre sector in India further said Sanjay Chatterjee, Assistant Director General of ATMA has been elevated as Director General ATMA in place of Rajiv Budhraja who retires on March 31, 2026. Set up in 1975, ATMA represents the over USD 12 billion automotive tyre industry in India with membership of large tyre companies comprising a mix of Indian and international tyre majors that represent over 80 per cent of production of tyres in the country.