 "MRF's Midas touch: One share equals 16 gm gold")
Tyre manufacturing major MRF has posted 71 per cent dip in net profit during the third quarter of the financial year 2021-22 to Rs 149 crore, from Rs 521 crore during the same period in 2020-21.
The company's revenue from operations was seen up by 6 per cent to Rs 4,920 crore during October to December quarter, from Rs 4,642 crore during the same period last financial year.
MRF, along with other major manufacturers like Apollo Tyres, CEAT, Birla Tyres, J K Tyre and Automotive Tyre Manufacturers Association (ATMA) was in the line of fire from the Competition Commission of
