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MRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MRF Ltd has reported audited financial results for FY2026. Standalone revenue grew 10.8% year-on-year to Rs. 30,652 Crores, while profit after tax surged 29.2% to Rs. 2,355 Crores compared to FY2025. EPS improved to Rs. 5,554 per share. The company declared a total dividend of Rs. 235 per share (2350%) including a final dividend of Rs. 229 per share subject to shareholder approval. Statutory auditors issued an unmodified (clean) opinion on the financial statements with no qualifications. Exceptional items of Rs. 62 Crores (credit) relate to reversal of provision for New Labour Code past service cost liability. The board approved appointment of Mr. Thulsidass T V as new Company Secretary and reappointed joint statutory auditors M M Nissim & Co LLP for 5 years.
Strong PAT growth of nearly 30% and clean audit indicate healthy operational performance. Shareholders benefit from attractive dividend yield while debt reduction through Rs. 150 Crores NCD redemption strengthens balance sheet.