MRF has entered into a captive power purchase agreement with First Energy 5 for purchase of wind power under the captive power policy of the Government and in this connection will be acquiring upto 11.95% of the paid up equity of the Company.Powered by Capital Market - Live News

MRF announced that the Board of Directors of the Company at its meeting held on 3 November 2023, has recommended a Interim dividend of Rs.3 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of MRF rose 351.76% to Rs 586.66 crore in the quarter ended September 2023 as against Rs 129.86 crore during the previous quarter ended September 2022. Sales rose 6.71% to Rs 6217.10 crore in the quarter ended September 2023 as against Rs 5826.30 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales6217.105826.30 7 OPM %18.618.25 - PBDT1142.09483.04 136 PBT790.61173.56 356 NP586.66129.86 352 Powered by Capital Market - Live News

Net profit of MRF rose 361.27% to Rs 571.93 crore in the quarter ended September 2023 as against Rs 123.99 crore during the previous quarter ended September 2022. Sales rose 6.44% to Rs 6087.56 crore in the quarter ended September 2023 as against Rs 5719.00 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales6087.565719.00 6 OPM %18.548.17 - PBDT1123.42473.30 137 PBT773.46164.99 369 NP571.93123.99 361 Powered by Capital Market - Live News

MRF will hold a meeting of the Board of Directors of the Company on 3 November 2023.Powered by Capital Market - Live News