MRF releases Consolidated Quarterly Results for March 31, 2023. MRF has announced an increase in total income from Rs. 5715.91 Crores as of December 31, 2022, to Rs. 5911.51 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 174.83 Crores as of December 31, 2022, to Rs. 340.67 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 412.21 on December 31, 2022, to Rs. 803.26 on March 31, 2023, according to the company’s statement.
MRF Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 5911.51 Crores (March 31, 2023) vs. Rs. 5715.91 Crores (December 31, 2022)
Net profit/loss: Rs. 340.67 Crores (March 31, 2023) vs. Rs. 174.83 Crores (December 31, 2022)
EPS: Rs. 803.26 (March 31, 2023) vs. Rs. 412.21 (December 31, 2022)
Financials | Q4 FY2023 | Q3 FY2023 | % Change |
Total Income | ₹ 5911.51 Cr | ₹ 5715.91 Cr | ⬆ 3.42% |
Net Profit | ₹ 340.67 Cr | ₹ 174.83 Cr | ⬆ 94.86% |
EPS | ₹ 803.26 | ₹ 412.21 | ⬆ 94.87% |
MRF Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 5911.51 Crores (March 31, 2023) vs. Rs. 5370.83 Crores (March 31, 2022)
Net profit/loss: Rs. 340.67 Crores (March 31, 2023) vs. Rs. 165.21 Crores (March 31, 2022)
EPS: Rs. 803.26 (March 31, 2023) vs. Rs. 389.55 (March 31, 2022)
Financials | Q3 FY2023 | Q3 FY2022 | % Change |
Total Income | ₹ 5911.51 Cr | ₹ 5370.83 Cr | ⬆ 10.07% |
Net Profit | ₹ 340.67 Cr | ₹ 165.21 Cr | ⬆ 106.20% |
EPS | ₹ 803.26 | ₹ 389.55 | ⬆ 106.20% |
MRF Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 23261.17 Crores (March 31, 2023) vs. Rs. 19633.71 Crores (March 31, 2022)
Net profit/loss: Rs. 768.96 Crores (March 31, 2023) vs. Rs. 669.24 Crores (March 31, 2022)
EPS: Rs. 1813.10 (March 31, 2023) vs. Rs. 1577.97 (March 31, 2022)
Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
Total Income | ₹ 23261.17 Cr | ₹ 19633.71 Cr | ⬆ 18.48% |
Net Profit | ₹ 768.96 Cr | ₹ 669.24 Cr | ⬆ 14.90% |
EPS | ₹ 1813.10 | ₹ 1577.97 | ⬆ 14.90% |
MRF Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹169 per Equity Share of Face Value of ₹10 each of the Company (1690% of Face Value). Total Dividend for FY23 stood at ₹144 per Equity Share (Interim Dividend of ₹10 per Equity Share)
Dividend | Record Date |
₹169 per Equity Share | Coming Soon |
The dividend’s record date has not yet come
About MRF:
The largest tyre maker in India is a global corporation called Madras Rubber Factory, also known as MRF or MRF Tyres. Chennai, Tamil Nadu, India serves as its corporate headquarters.
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