MRF Q1 results: Profit down at 1.3% to ₹495.35 cr, revenue at ₹8,415 cr
Tyre maker MRF Ltd on Tuesday reported a 1.3 per cent decline in consolidated net profit at Rs 495.35 crore in the first quarter ended June 30, impacted by high raw material costs. The company had posted a consolidated net profit of Rs 501.82 crore in the corresponding quarter last fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 8,415.5 crore as against Rs 7,675.64 crore in the same period a year ago, it added. Total expenses in…

