MRF's Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- MRF Ltd reported a 9.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.2%.
- Its expenses for the quarter were up by 5.8% QoQ and 7.6% YoY.
- The net profit increased 31.6% QoQ and increased 119.3% YoY.
- The earnings per share (EPS) of MRF Ltd stood at 1631.23 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 8175.01 | 7486.82 | 7098.90 | 9.2% | 15.2% |
Total Expenses | 7180.45 | 6788.16 | 6674.72 | 5.8% | 7.6% |
Profit Before Tax | 917.36 | 698.66 | 424.18 | 31.3% | 116.3% |
Tax | 225.53 | 173.02 | 108.72 | 30.3% | 107.4% |
Profit After Tax | 691.83 | 525.64 | 315.46 | 31.6% | 119.3% |
Earnings Per Share | 1631.23 | 1239.28 | 743.80 | 31.6% | 119.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
MRF Ltd, a prominent name in the tire manufacturing industry, is recognized for its diverse range of products including tires, treads, tubes, and conveyor belts. The company operates primarily in the automotive sector, catering to various segments from passenger vehicles to commercial trucks. MRF Ltd has established a strong presence, not only in India but also in international markets. While specific recent developments or strategic initiatives are not available in the provided data, MRF's focus traditionally revolves around innovation, quality improvement, and expanding its market footprint. The company is known for its commitment to sustainability and enhancing its manufacturing capabilities to meet the growing demand for high-performance tires.
Revenue
In the third quarter of the fiscal year 2026, MRF Ltd reported a total income of ₹8175.01 crores, marking a 9.2% increase from the previous quarter (Q2FY26) which stood at ₹7486.82 crores. Comparing year-over-year figures, there was a 15.2% rise from Q3FY25's total income of ₹7098.90 crores. This steady growth in revenue highlights MRF's ability to sustain its market position and potentially expand its customer base. The increase in revenue over both quarters and the previous year indicates a positive trend in the company's ability to generate sales.
Profitability
MRF Ltd's profitability metrics for Q3FY26 show significant improvements. The profit before tax for this quarter was ₹917.36 crores, reflecting a 31.3% increase from the prior quarter's ₹698.66 crores and a notable 116.3% rise from the same quarter last year (Q3FY25) which was ₹424.18 crores. The profit after tax in Q3FY26 reached ₹691.83 crores, compared to ₹525.64 crores in Q2FY26 and ₹315.46 crores in Q3FY25, indicating a quarter-over-quarter increase of 31.6% and a year-over-year surge of 119.3%. These figures point to MRF's enhanced profitability, potentially driven by increased efficiency or favorable market conditions.
Operating Metrics
The company's total expenses for Q3FY26 amounted to ₹7180.45 crores, which is an increase of 5.8% from the preceding quarter's ₹6788.16 crores and a 7.6% rise from Q3FY25's expenses of ₹6674.72 crores. This indicates that while revenues have increased, expenses have also risen, albeit at a slower pace than income, contributing to higher profit margins. Earnings per share (EPS) for Q3FY26 was ₹1631.23, significantly higher than ₹1239.28 in Q2FY26 and ₹743.80 in Q3FY25, with both quarter-over-quarter and year-over-year growth rates at 31.6% and 119.3%, respectively. This growth in EPS reflects the company's improved earnings performance and is an important indicator for investors regarding the company's profitability per share.