UPDATE 1-MRF full year net surges; sees tougher days ahead

Newswire

(Adds details, quotes) MUMBAI, Nov 25 (Reuters) - MRF Ltd , India's top tyre maker, reported a 43 percent jump in profit for the year ended Sept, but warned that soaring rubber prices could crimp margins and profit in quarters to come. Chennai-based MRF said consolidated net profit for the full year rose to 3.58 billion rupees from 2.51 billion rupees as sales increased to 74.6 billion rupees from 56.7 billion. "Rubber price increase is continuously a matter of concern. That is not ...

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