Chennai, May 7 (UNI) Tyre major MRF’s consolidated total income is Rs 28,561 Crores for the year ended 31st March 2025, as compared to Rs. 25,486 Crores in the previous year, recording a growth of 12% over previous year.
The consolidated Profit before tax stood at Rs 2479 Crores as against Rs. 2787 Crores for the previous financial year, a company said here on Wednesday.
Tax expense for the year is Rs 610 Crores (previous year Rs. 706 Crores). After making provision for tax expense, the consolidated Net Profit for the year ended 31st March 2025 is Rs 1869 Crores as against Rs 2081 Crores for the previous financial year.
Despite the increase in total income, profits for the financial year 2024-2025 declined due to increase in input costs.
The Company’s consolidated Exports for the year ended 31st March, 2025, was Rs 2321 Crores as against Rs 1887 Crores for the previous financial year ended 31st March, 2024 registering an increase of around 23% when compared to the previous year.
In the financial year 2024-25, all the three segments of market viz. Replacement, Institutional and Export registered strong growth. The 4″ Quarter continued to register overall growth in Original Equipment, Exports and in Replacement segment.
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 in Commercial, Passenger and 2/3 Wheeler segments.
A slew of new SKUs launched in various categories like Passenger, Motorcycle, Truck, LCV and OTR have given an impetus to growth in the current year.
Raw Material cost marginally softened in the 4th Quarter compared to the levels in 3rd Quarter, which was partially offset by Rupee depreciating against the Dollar. Company effected price increases during the year, which offset the impact of increase in input cost to some extent.
The dividend for the financial year 2024-25 is Rs 235/- (2350%) per share of Rs.10 each which includes two interim dividends of Rs.3/- each (30%) per share already paid.
