Saturday, December 27, 2014

MRF Net Profit Raises







Tyre maker MRF Ltd the day past announce 72.14 per cent increase in net income at Rs 316.91 crore for its fourth quarter finished Sep 30, on account of strong sales.

The company had announce a net income of Rs 184.10 crore in 2012-13 financial year.


Net sales of the corporate rose to Rs 3,359.91 crore for the fourth quarter, 2013-14, as against Rs 33,145.70 crore within the same period.


MRF follows September-October period.


The Chennai-based tyre manufacturer announce a net income of Rs 897.89 change for its yr finished Sep 30, up 11.92 per cent from Rs 802.21 crore in 2012-13. 


Net sales rose to Rs 13,189.73 crore for 2013-14, as against Rs 122.79 crore within the previous business enterprise.


The MRF's board, that met nowadays, suggested a final dividend of Rs 44 per share on the paid capital as on Sept 30, 2014.


The tyre maker has already paid 2 interim dividends of Rs three every per share throughout the year.


MRF certificate closed at Rs 33,010.65, up 4.14 per cent, on the BSE.

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