MRF Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "Press Release Board Meeting held on 12th August, 2025".
MRF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MRF Limited reported its Q1 FY26 (quarter ended 30 June 2025) consolidated results via a board meeting press release. Total income rose 7% year-on-year to Rs 7,802 Cr, up from Rs 7,280 Cr in Q1 FY25, and grew 9% over the previous quarter. However, profit before tax fell to Rs 670 Cr (from Rs 763 Cr) and net profit declined to Rs 500 Cr (from Rs 571 Cr) due to higher input costs, with a tax provision of Rs 170 Cr. Management attributed subdued OEM and replacement demand to tariff issues in April, a conflict in May, and early monsoons, while noting that the farm segment remained unaffected.
Mixed quarter for MRF — top-line growth is encouraging but a double-digit fall in net profit on cost pressures may pressure the stock in the short term. Management's commentary points to near-term demand headwinds beyond the company's control.