MRF Limited has informed the Exchange regarding Outcome of Board Meeting held on May 07, 2025.
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MRF Limited's board approved audited standalone and consolidated financial results for FY25 (ended March 31, 2025), with auditors issuing an unmodified opinion. Revenue from operations grew about 12% to Rs 27,665 crore (standalone) and Rs 28,153 crore (consolidated). However, profit after tax fell roughly 10-11% to Rs 1,823 crore (standalone) and Rs 1,869 crore (consolidated), with operating margin compressing sharply from about 11% to 8.3%. The board recommended a final dividend of Rs 229 per share, taking total FY25 dividend to Rs 235 per share (2,350%), subject to shareholder approval. The board also appointed Messrs Elangovan & Associates as Secretarial Auditors for five years starting FY26.
Strong topline growth was offset by significant margin compression and a double-digit fall in profits, which is a negative signal for shareholders. The very large dividend payout (Rs 235/share) remains a positive for income-focused investors.