MRF net profit surges over two-fold to ₹692 crore in Q3
The Hindu
MRF's Q3 net profit more than doubles to ₹692 crore, driven by strong sales and increased demand following GST rate cuts.
Tyre maker MRF on Friday (February 6, 2026) posted a two-fold jump in its consolidated net profit to ₹692 crore for the third quarter ended December 2025, riding on the back of robust sales to companies and replacement sales.
The company had reported a net profit of ₹315 crore for the October-December quarter of the last fiscal.
Its revenue from operations increased to ₹8,050 crore in the period under review against ₹7,001 crore in the year-ago period, MRF Ltd said in a regulatory filing.
"In the third quarter, both original equipment (OE) and replacement sales were robust on account of an increase in demand following the reduction in GST rates. Rural economy also picked up against the background of good and widespread monsoons," the tyre maker stated.
The demand buoyancy arising from reduction in GST rates is expected to continue in the fourth quarter also, MRF said.
"Moreover, OEMs are expected to increase production levels due to higher sales expected in the last quarter and also due to reduced channel inventory," it added.
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