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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..