Tyre maker MRF, on Wednesday, reported a 29 per cent growth in consolidated net profit for the fourth quarter ended March 2025 at ₹512 crore. The company’s consolidated revenue grew 11 per cent and stood at ₹7,074 crore as against ₹6,349 crore.

Despite a 12 per cent rise in revenue for the fiscal year 2025, the consolidated net profit stood at ₹1,869 crore as against ₹2,081 Crores for the previous financial year. The company attributed the decline in net profits to increase in input costs.

The company said dividend for the financial year 2024-25 is ₹235 (2350 per cent ) per share of ₹10 each which includes two interim dividends of ₹3 each (30 per cent ) per share already paid. 

Consolidated exports

MRF’s consolidated exports for FY25 was ₹2321 crore as against ₹1887 crore for the previous financial year, registering an increase of around 23 per cent year-on-year. “In the financial year 2024-25, all the three segments of the market viz. Replacement, Institutional and Export registered strong growth,” the company said in a statement. “In addition to conventional ICE vehicles, the Company continues to be a significant player in Electric vehicles, supplying tyres to all major Original Equipment Manufacturers Commercial, Passenger and 2/3 Wheeler segments,” it added.

As per MRF, the raw material cost marginally softened in the fourth quarter compared to the levels in the third quarter. The company effected price increases during the year, which offset the impact of increase in input costs to an extent, it said.

Shares of MRF ended the trading day at ₹140428.70 on the BSE, up 4 per cent on Wednesday.

Published on May 7, 2025