MRF Ltd reports that its Q2 profit falls as higher raw material costs squeeze margins, despite an increase in revenue. Multiple outlets cite around a quarter decline in net profit for the quarter ending September 30, alongside year-on-year growth in revenue from operations.
The Hindu and Times of India attribute the slowdown primarily to rising raw material costs, with The Hindu also highlighting expected continued commodity-market disruptions and elevated logistics costs. Business Line (Home) similarly links the profit decline to steep increases in raw-material prices tied to global uncertainties, while noting that higher sales and demand support partially offset the pressure.
Some outlets provide additional financial and corporate details. Free Press Journal includes a wider set of figures on expenses and material costs, and notes price increases and cost-saving steps that partially offset higher input costs. It also reports an interim dividend of ₹3 per equity share with a specified record date. NDTV likewise focuses on the lower profit figure, the interim dividend, and record-date information, while summarizing top-line growth.
