MRF Sees 12% Growth in Income but Profit Declines Due to Input Costs

08 May 2025 CW Team

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 23.21 billion as against Rs 18.87 billion for the previous financial year ended 31 March, 2024 registering an increase of around 23 per cent 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 4th 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.

MRF' s consolidated total income is Rs 285.61 billion for the year ended 31st March 2025, as compared to Rs 254.86 billion in the previous year recording a growth of 12 per cent over previous year. The consolidated Profit before tax stood at Rs 24.79 billion for the year ended 31st March 2025, as against Rs 27.87 billion for the previous financial year. Tax expense for the year is Rs 6.10 billion (previous year Rs 7.06 billion). After making provision for tax expense, the consolidated Net Profit for the year ended 31st March 2025 is Rs 18.69 billion as against Rs 20.81 billion 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 23.21 billion as against Rs 18.87 billion for the previous financial year ended 31 March, 2024 registering an increase of around 23 per cent 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 4th 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.

Infrastructure Urban

04 Dec 2025

POWERCHINA Strengthens Global Workforce Through Cultural Integration

Power Construction Corporation of China (POWERCHINA or the Company), which manages multiple infrastructure projects across six continents, continues to emphasise meaningful connections that encourage cultural exchange and shared development. Through local employment, cross-cultural integration, community activities, environmental protection initiatives, and employee development, the Company promotes inclusive growth while demonstrating a strong commitment to people, society, and culture. Across POWERCHINA’s overseas operations, trust is built through actions rather than hierarchy. Maqbul fr..

Infrastructure Energy

04 Dec 2025

Bondada Engineering Commissions 48.47 MWp Solar Projects

Bondada Engineering Limited has commissioned 48.47 MWp of solar power projects, reinforcing Bharat’s clean energy transition. Executed for Paradigm IT, MAHAGENCO and NLC India Limited, the developments span Dhule, Sambhajinagar, Jalgaon and Parbhani in Maharashtra, along with Neyveli in Tamil Nadu. The projects aim to enhance regional power availability while supporting national renewable energy targets.The achievement underscores the Company’s emphasis on timely delivery and adherence to stringent quality, safety and operational benchmarks. Each cluster benefited from detailed planning, s..

Infrastructure Transport

04 Dec 2025

Himadri Executes First Liquid Coal Tar Pitch Export via New Mangalore

Himadri Speciality Chemical (HSCL), a global leader in speciality chemicals and advanced carbon materials, has executed its first-ever export of liquid coal tar pitch to the Middle East from its terminal at the New Mangalore Port. The 3,600-tonne shipment marks a major milestone for the company and reinforces India’s growing role in the global carbon materials trade.The shipment underscores Himadri’s capability to manage high-volume international deliveries through integrated logistics and stringent quality systems. Alongside its established terminal at Haldia on the eastern coast, the New..