27 Dec, 12:24 - Indian

SENSEX 78735.78 (0.34)

Nifty 50 23835.19921875 (0.36)

Nifty Bank 51299.1015625 (0.25)

Nifty IT 43579.94921875 (-0.19)

Nifty Midcap 100 57012.05078125 (-0.20)

Nifty Next 50 68861.953125 (-0.44)

Nifty Pharma 22930.400390625 (0.96)

Nifty Smallcap 100 18741.44921875 (0.07)

27 Dec, 12:24 - Global

NIKKEI 225 40280.94 (1.80)

HANG SENG 20087.24 (-0.06)

S&P 6091.75 (-0.25)


You are Here : Home > Research

08-Nov-2024

MRF

NP decreased 19.77%


'On consolidated basis

Quarter ended September 2024 compared with Quarter ended September 2023.

Net sales (including other operating income) of MRF has increased 10.68% to Rs 6881.09 crore.  Operating profit margin has declined from 18.61% to 14.70%, leading to 12.57% decline in operating profit to Rs 1,011.48 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 59.31% to 64.88%.   Employee cost decreased from 7.02% to 6.54%.   Other expenses fell from 15.28% to 14.65%.   

Other income rose 60.08% to Rs 113.21 crore.  PBIDT fell 8.39% to Rs 1124.69 crore.  Provision for interest fell 2.06% to Rs 83.78 crore.  Loan funds rose to Rs 3,138.20 crore as of 30 September 2024 from Rs 3,135.32 crore as of 30 September 2023.  Inventories rose to Rs 5,245.41 crore as of 30 September 2024 from Rs 4,051.93 crore as of 30 September 2023.&nb...



Pleaselogin & subscribe to view the full report.

More Reports
  • Results-Analysis   (08-Nov-2024)

    MRF

    NP decreased 19.77%

  • Results-Analysis   (08-Aug-2024)

    MRF

    NP down 3.01%

  • Results-Analysis   (04-May-2024)

    MRF

    NP up 16.28%

  • Results-Analysis   (04-Nov-2023)

    MRF

    OPM jumped by 1036 bps