Tyre major MRF Ltd. reported a strong set of Q4 FY26 earnings, with net profit rising sharply year-on-year driven by healthy revenue growth and improved operating performance.
The company posted a consolidated net profit of ₹702 crore for the quarter ended March 2026, marking a 37.6% increase compared to ₹510 crore reported in the corresponding quarter last year.
Revenue from operations rose 13.7% YoY to ₹8,044 crore against ₹7,075 crore in Q4 FY25.
Operationally, EBITDA increased 21.5% year-on-year to ₹1,305.3 crore from ₹1,075 crore in the year-ago quarter. EBITDA margin improved to 16.2% compared with 15.2% in the corresponding period last year, reflecting better operating leverage and improved profitability.
Alongside the results, the board of directors approved a final dividend of ₹229 per equity share for FY26.
MRF remains India’s largest tyre manufacturer and continues to benefit from steady replacement demand, premiumisation trends and recovery across segments including passenger vehicles and commercial vehicles.
The company has also been focusing on expanding its premium product portfolio and strengthening its presence in export markets amid improving global demand conditions.
The Q4 performance comes at a time when tyre companies are closely monitoring raw material price trends, especially natural rubber and crude-linked inputs, which remain key determinants of margins for the sector.