The inventory ended Wednesday’s session 4.23% greater at Rs 1,40,670.75 on the BSE.
The tyre maker reported a web revenue of Rs 498 crore for the quarter ended March 2025, in comparison with Rs 380 crore in the identical interval a 12 months earlier. Income from operations rose 12% throughout the March quarter to Rs 6,944 crore, up from Rs 6,215 crore within the year-ago quarter.
Earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) elevated 18% to Rs 1,043 crore throughout the quarter. The EBITDA margin for the March quarter expanded to fifteen%, indicating improved working effectivity.
Dividend particulars
Alongside its outcomes, the corporate introduced a closing dividend of Rs 229 per share for FY25, equal to 2290% on the face worth of Rs 10. This takes the entire dividend payout for the fiscal 12 months to Rs 235 per share, together with two interim dividends of Rs 3 every that had been paid earlier within the 12 months.
Regardless of the steep payout, MRF’s dividend yield stays modest at 0.15%, based mostly on its prevailing inventory worth of round Rs 1,40,000, in response to Trendlyne information.The final dividend paid by MRF was Rs 3 per share, with a report date of February 14, 2025. The same interim dividend was declared earlier with a report date of November 19, 2024.Additionally learn | MRF This autumn Outcomes: Co pronounces dividend of Rs 229 per share as PAT jumps 31% YoY
MRF is India’s largest tyre producer and among the many high tyre makers globally. The corporate affords a broad vary of tyres throughout segments—from passenger automobiles and vans to bikes and agricultural autos. It has additionally diversified into conveyor belts, paints, and sports activities items over time.
(Disclaimer: Suggestions, strategies, views, and opinions given by consultants are their very own. These don’t characterize the views of the Financial Instances)
