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

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

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.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?