MRF Limited , one of India's leading tyre manufacturers, has released its financial results for the first quarter, showcasing a mixed performance with revenue growth but decreased profitability.

Revenue Growth

MRF reported a consolidated revenue of Rs 7,675.69 crore for Q1, marking a significant increase from Rs 7,196.45 crore in the same quarter of the previous year. This 6.7% year-over-year growth demonstrates the company's ability to drive sales despite challenging market conditions.

Profitability Decline

Despite the revenue growth, MRF experienced a decline in profitability:

• Net Profit: Rs 500.47 crore, down from Rs 571.02 crore in Q1 of the previous year, representing a 12.4% decrease.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Rs 1,070.24 crore, compared to Rs 1,160.23 crore in the corresponding quarter last year, showing a 7.8% decline.
• EBITDA Margin: Compressed to 13.96% from 16.11% year-over-year.

Financial Highlights

Operational Performance

The company's operational expenses saw increases in several areas:

• Cost of materials consumed rose to Rs 4,622.99 crore from Rs 4,370.55 crore.
• Employee benefits expense increased to Rs 477.67 crore from Rs 457.58 crore.
• Finance costs climbed to Rs 98.41 crore from Rs 84.67 crore.

These increases in operational costs likely contributed to the pressure on profitability despite revenue growth.

Market Position and Outlook

While MRF continues to maintain its strong market position, the Q1 results indicate challenges in maintaining profit margins. The company's ability to grow revenue in a competitive market is noteworthy, but the decline in profitability suggests ongoing pressures from rising input costs and operational expenses.

As MRF navigates through these challenges, investors and industry observers will be keen to see how the company balances growth with profitability in the coming quarters. The management's strategies to improve operational efficiency and manage costs will be crucial in determining MRF's financial performance for the rest of the fiscal year.

MRF Ltd , one of India's leading tyre manufacturers, has announced its final dividend for the fiscal year 2025 (FY25) and set key dates for shareholder actions.

Dividend Details

MRF Ltd has declared a final dividend of Rs 229.00 per share for FY25. The company has fixed July 18, 2025, as the record date for determining shareholders eligible for this dividend payout. Investors holding MRF shares on this date will be entitled to receive the dividend.

Payment Schedule

The company plans to disburse the dividend on or after August 18, 2025. Shareholders can expect the funds to be credited to their accounts around this date, subject to standard banking procedures.

Total Dividend for FY25

It's worth noting that the total dividend payout for FY25 amounts to Rs 235.00 per share. This figure includes two interim dividends that were paid earlier in the fiscal year, in addition to the final dividend of Rs 229.00.

Annual General Meeting

MRF Ltd has scheduled its 64th Annual General Meeting (AGM) for August 7, 2025. In line with modern corporate practices and possibly considering convenience and safety factors, the AGM will be conducted via video conferencing.

Investor Calendar

Here's a summary of the key dates for MRF Ltd shareholders:

Shareholders and potential investors should mark these dates in their financial calendars. The record date is particularly important for those looking to benefit from the dividend payout, as only shareholders on record as of July 18, 2025, will be eligible to receive the final dividend.

MRF Ltd's dividend announcement and the scheduling of its AGM reflect the company's commitment to shareholder returns and corporate governance. As always, investors are advised to consider their financial goals and consult with financial advisors when making investment decisions.