Business Economy


MRF reports 7 pc growth in consolidated total income

Chennai, Nov 14 (UNI) MRF's consolidated total income increased by 7% to Rs 7487 crores for the quarter ended
September 30, 2025 as compared to Rs 6994 crores for the corresponding quarter last year.
The consolidated profit before tax stood at Rs 699 crores as compared to Rs.631 crores .
Provision for tax for the quarter is Rs 173 crores, a company statement said here today.
After making provision for tax, the consolidated net profit for the quarter is Rs 526 crores as compared to Rs.471 crores
for the corresponding quarter last year.
The Overall financial performance for the quarter has been better with profit growth due to softening of raw material
prices.
About the operations, it said in the second quarter, because of the impact of monsoons, sales are normally lower.
However, in this quarter, OE sales continued to have a strong double digit growth and exports also performed well despite
tariff issues.
Towards, the second half of the quarter the announcement of GST reduction had a temporary impact on replacement sales,
though the revision in GST rate augurs well for the coming quarters.
The Board of Directors have declared an Interim dividend of Rs 3/- (30%) per share of Rs.10 each for the year ending
March 31, 2026.
UNI GV 1735
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NABARD Survey shows strong revival in rural economy, consumption at record high

12 Dec 2025 | 2:50 AM

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Gravton Motors signs MoU with Telangana Govt to build strong and future-ready clean-mobility ecosystem

12 Dec 2025 | 2:48 AM

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Naxion Energy launches India’s first Sodium-Ion Energy Storage systems; plans ₹200-Cr Cell Manufacturing Facility in Hyderabad

12 Dec 2025 | 2:36 AM

Hyderabad, Dec 11 (UNI) Hyderabad-based Naxion Energy (formerly Sodion Energy), the country’s first dedicated Sodium-Ion energy company, which launched India’s first Sodium-Ion energy storage systems here on Thursday, announced plans to invest ₹200 crore to set up a new cell manufacturing facility and an assembly plant in Hyderabad.

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iSprout raises ₹60 crore debt funding to accelerate expansion across India metros

12 Dec 2025 | 2:24 AM

Hyderabad, Dec 11 (UNI) Hyderabad-headquartered iSprout, one of India’s fastest-growing providers of managed office solutions, on Thursday announced it has raised ₹60 crore in debt funding from Tata Capital. The capital infusion will be used to accelerate expansion across key Indian metros, strengthen enterprise-grade infrastructure, and enhance its rapidly growing managed office portfolio, the company said in a release here.

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