MRF reports weaker year-on-year profit in its latest quarter, with net profit declining modestly despite higher revenue. According to NDTV, the company’s Q1 bottom line slips to Rs 474 crore, from Rs 484 crore in the same quarter last year, while revenue rises to above Rs 8,200 crore.
Business Line says MRF’s Q1 net profit falls 1.3% to ₹495.35 crore, compared with a consolidated net profit of ₹501.82 crore in the corresponding quarter of the previous fiscal year. The two outlets align on the direction and magnitude of the decline, but they differ in the profit figures cited and whether the numbers are presented as standalone or consolidated.
Overall, the reports consistently indicate a small year-on-year fall in profit during the quarter, alongside continued strength in top-line figures. The variation in reported net profit measures reflects differences in reporting basis rather than a different underlying trend.
