Financial Performance Summary
MRF Limited reported its unaudited financial results for the quarter and half year ended 30th September, 2026.
Quarterly Performance (Q2 FY2027 vs Q2 FY2026):
- Consolidated Total Income: ₹8,791.58 Crores (vs ₹7,489.00 Crores) - +17.4% YoY growth
- Consolidated Profit Before Tax: ₹521.81 Crores (vs ₹700.45 Crores) - -25.5% YoY decline
- Provision for Tax: ₹134.82 Crores
- Consolidated Net Profit: ₹386.99 Crores (vs ₹527.43 Crores) - -26.6% YoY decline
Operations and Business Update
The Company delivered strong double-digit sales growth in the 2nd Quarter, capitalizing on sustained demand for its products from both Original Equipment (OE) and replacement segments.
Key Challenges:
- Steep increase in raw material prices due to global uncertainties adversely affected profitability during the quarter
- The Company implemented price increases and cost saving measures to mitigate cost pressures
Outlook:
- The Company anticipates continued disruptions and volatility in commodity markets
- Raw material and logistics costs are expected to remain elevated
- The Company will continue to take measured steps to address these challenges
Dividend Declaration
The Board of Directors declared an interim dividend of ₹3/- (30%) per share of ₹10 each for the financial year ending 31st March, 2027.
Meeting Details
- Board Meeting Date: 10th November, 2026
- Place: Chennai
- The press release was issued pursuant to the Board Meeting
Note: Half-year results were mentioned in the document header but specific half-year financial figures were not provided in the press release content.