MRF Q4 results: Net profit jumps over two-fold to Rs 679 crore

 

 Tyre major MRF on Monday posted over two-fold surge in consolidated net profit to Rs 679.02 crore for the fourth quarter ended March 31. The company had reported a net profit of Rs 293.93 crore for the same period of 2018-19 fiscal.
Revenue from operations stood at Rs 3,685.16 crore as compared with Rs 4,137.67 crore in the same period of 2018-19, MRF Ltd said in a regulatory filing.
For 2019-20 fiscal, the company posted a consolidated net profit of Rs 1,422.57 crore as against Rs 1,130.61 crore in 2018-19, it added. 
Revenue from operations for last fiscal stood at Rs 16,239.36 crore as compared to Rs 16,062.46 crore in 2018-19. 

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