MUMBAI, April 13 (Reuters) - Tyremaker MRF reported a nearly 5 percent rise in Jan-March net profit as prices of key inputs softened and sales rose in its replacement segment, a top official said on Monday.
India's top tyremaker by sales reported a net profit of 686.9 million rupees versus 656.2 million rupees a year ago. Its net sales rose to 14.04 billion rupees from 12.14 billion rupees.
One brokerage polled by Reuters was expecting a net loss of 208 million rupees ...
Sign in to access
this Article
"MRF Jan-March profit rises on higher sales, lower input costs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
