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 Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..