MRF Co., Ltd. File picture | Photograph courtesy of The Hindu
Tire maker MRF on Friday (February 6, 2026) introduced that its consolidated web revenue doubled to Rs 692 million for the third quarter ended December 2025 on the again of sturdy company and alternative gross sales.
The corporate had reported a web revenue of Rs 315 crore within the October-December interval of the earlier fiscal.
MRF Ltd mentioned in a regulatory submitting that its working income rose to Rs 8.05 billion within the interval underneath evaluate, in comparison with Rs 7.01 billion within the year-ago interval.
“Each new car gross sales (OE) and alternative gross sales have been sturdy within the third quarter attributable to elevated demand following the GST fee minimize. Rural economies additionally recovered on the again of a great and widespread monsoon,” the tire maker mentioned.
MRF mentioned it expects the growth in demand as a result of GST fee minimize to proceed within the fourth quarter.
“Moreover, OEMs are anticipated to extend manufacturing ranges attributable to anticipated gross sales progress and decrease channel inventories within the final quarter,” it added.
The corporate mentioned the rise in infrastructure spending as introduced by the federal government will bode nicely for the industrial car and, by extension, the tire trade.
“The federal government has signed commerce agreements with numerous nations, together with the EU and the US, which is able to open up future export alternatives,” he added.
The corporate introduced that its board of administrators has authorised the second interim dividend of Rs 3 per share for the monetary 12 months ending March 31, 2026.
The corporate’s shares rose 8.57% on Friday to shut at ₹1,46,495.05 per share on the BSE.
