MRF's Q4 FY 2025-26 Quarterly Results

Result Summary

• MRF Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.9%.
• Its expenses for the quarter were up by 1.2% QoQ and 11.3% YoY.
• The net profit increased 1.5% QoQ and increased 37.1% YoY.
• The earnings per share (EPS) of MRF Ltd stood at 1655.8 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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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, headquartered in India, is a leading player in the tire manufacturing industry. The company is renowned for its extensive range of tires for passenger cars, trucks, buses, two-wheelers, and off-the-road vehicles. MRF Ltd also produces other automotive components, including tubes and flaps, and maintains a strong presence in the domestic and international markets. While MRF Ltd is primarily known for its tire products, it has diversified interests in sports goods, paints, and coats. The company’s consistent focus on innovation and quality has cemented its reputation in the industry. As of the data available, there are no specific recent major developments provided.

Revenue

In Q4FY26, MRF Ltd reported a total income of ₹8183.28 crores, which represents a slight quarter-over-quarter (QoQ) increase of 0.1% from ₹8175.01 crores in Q3FY26. Year-over-year (YoY), the total income saw a significant increase of 13.9% compared to ₹7187.60 crores in Q4FY25. This growth trajectory reflects the company's ability to enhance its revenue generation over the past year. The relatively stable QoQ growth suggests a consistent performance in the recent quarter, maintaining the momentum built over the year.

Profitability

MRF Ltd's profitability metrics for Q4FY26 show notable improvements. The profit before tax for the quarter was ₹929.73 crores, marking a 1.3% QoQ increase from ₹917.36 crores in Q3FY26 and a substantial YoY increase of 40.7% from ₹660.73 crores in Q4FY25. After accounting for a tax expense of ₹227.48 crores in Q4FY26, the profit after tax stood at ₹702.25 crores. This is a 1.5% increase from the previous quarter's profit after tax of ₹691.83 crores and a 37.1% rise compared to ₹512.11 crores in the same quarter last year. These figures highlight a robust improvement in the company's profitability over the year.

Operating Metrics

The operating metrics for MRF Ltd in Q4FY26 demonstrate steady growth. Total expenses for the quarter were ₹7267.51 crores, reflecting a 1.2% QoQ increase from ₹7180.45 crores in Q3FY26, and an 11.3% YoY increase compared to ₹6526.87 crores in Q4FY25. Despite the rise in expenses, the company's earnings per share (EPS) improved, reaching ₹1655.80 in Q4FY26, which is a 1.5% increase from ₹1631.23 in Q3FY26 and a 37.1% increase from ₹1207.48 in Q4FY25. This suggests that MRF Ltd has managed to enhance shareholder value effectively while managing its operational costs.