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Tyre Maker MRF Profit Plunges on Higher Rubber Costs
Hindustan Times Jammu
|February 07, 2025
Tyre maker MRF posted a near 40% fall in third-quarter profit on Thursday, as higher rubber costs outweighed steady demand for tyre, sending its shares more than 3% lower.
Standalone net profit was ₹307 crore in the quarter ended December 31, missing analysts' average estimate of ₹420 crore, according to LSEG data. Revenue from operations rose 13.8% to ₹6,883 crore, beating analysts' average estima
Esta historia es de la edición February 07, 2025 de Hindustan Times Jammu.
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