Verified · 3 outletsIndia
MRF's Net Profit Falls 28% On Higher Raw Material Costs; Declares Rs 3 Dividend
Headline via Times Now · first report 10 Nov, 15:16 IST, latest 10 Nov, 18:58 IST
What we know
3 independent news organisations have reported this story. The first report we saw came from Free Press Journal at 10 Nov, 15:16 IST; the latest is from Times Now at 10 Nov, 18:58 IST. Rational Times has not independently confirmed the details: read each report through the links below.
StatusVerified
Reported by3 news organisations
First report10 Nov, 15:16 IST
Latest report10 Nov, 18:58 IST
DeskIndia
What the reports sayEach newsroom’s own summary of its report, from its feed
Tyre maker anticipates continued disruptions and volatility in commodity markets. Raw material and logistics costs are expected to remain elevated.
Revenue increased by nearly 18% to Rs 8,524 crore, but total expenses surged over 22%. The company also announced an interim dividend of Rs 3 per share for the current fiscal year.
Quoted from the newsrooms’ own feeds, with their names and links. Rational Times has not independently confirmed the details.
The reports3 reports
- Free Press Journal MRF Q2 Profit Falls 23% To ₹417 Crore, Rising Raw Material Costs Overshadow Strong Revenue Growth
- The Hindu MRF’s Q2 profit skids 27% as raw material costs squeeze margins
- Times Now MRF's Net Profit Falls 28% On Higher Raw Material Costs; Declares Rs 3 Dividend
Headlines belong to the news organisations named; each links to their own report. We group reports automatically by their key words, so now and then two different stories can be grouped together, or one story split in two. Tell us about a mistake
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