Shares of MRF Limited fell 2.17% to Rs 1,39,090 on the NSE on Monday after the company reported a 12.4% year-on-year (YoY) decline in net profit for the quarter ended June 30, 2025. The stock, which closed at Rs 1,42,170 in the previous session, slipped sharply in afternoon trade, taking the market capitalisation to Rs 58,865 crore.
MRF posted a net profit of Rs 500.47 crore in Q1 FY26, down from Rs 571.02 crore in the same period last year. Revenue from operations rose 6.6% YoY to Rs 7,675.69 crore from Rs 7,196.45 crore in Q1 FY25. Total income came in at Rs 7,802.12 crore, compared to Rs 7,280.49 crore a year ago.
The decline in profitability was largely driven by higher input costs and other expenses, which rose to Rs 7,131.64 crore from Rs 6,517.58 crore in the year-ago quarter. Profit before tax stood at Rs 670.48 crore, compared to Rs 762.91 crore in Q1 FY25.
As of 12:31 PM, MRF shares traded within a day’s range of Rs 1,37,215 to Rs 1,42,695, while the 52-week range stands at Rs 1,02,124.05 to Rs 1,53,000.
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