MRF has reported a marginal dip in its net profit at Rs 89.85 crore for the quarter ended March 31, 2011, against Rs 95.82 crore during the same period previous fiscal.
According to a company statement, during the six months ended March 31, 2011, the net profit also dipped to Rs 192.03 crore from Rs 215.23 crore.
Net sales of the company during the quarter ended March 31, 2011 stood at Rs 2,381.56 crore against Rs 1,767.58 crore. For the six months ended March 31, 2011, the net sales grew to Rs 4,547.36 crore from Rs 3,421.42 crore.