MRF profits jumped in Q3
ERJ staff report (DS)
Chennai, India - Indian tyre maker MRF reported substantially higher sales and profits in the three months to 30 June 2012, compared with the same period a year ago.
Net sales increased to Rs 30,083 million (euro 442 million) from Rs 25,731 a year earlier.
Pre-tax profit for the quarter jumped to Rs 2097 million from Rs 440 mllion a year earlier
Net profit for the period also increased to Rs 1446 million from Rs 319 million
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Results statement from MRF (Via BSE)
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive