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MRF consolidated net profit declines 50.26% in the March 2022 quarter

10 May 2022 , 02:17 PM

Net profit of MRF declined 50.26% to Rs 165.21 crore in the quarter ended March 2022 as against Rs 332.15 crore during the previous quarter ended March 2021. Sales rose 10.14% to Rs 5304.82 crore in the quarter ended March 2022 as against Rs 4816.46 crore during the previous quarter ended March 2021. For the full year,net profit declined 47.60% to Rs 669.24 crore in the year ended March 2022 as against Rs 1277.07 crore during the previous year ended March 2021. Sales rose 19.51% to Rs 19316.72 crore in the year ended March 2022 as against Rs 16163.19 crore during the previous year ended March 2021.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 5304.82 4816.46 10 19316.72 16163.19 20
OPM % 10.18 15.91 10.61 18.20
PBDT 538.81 747.40 -28 2112.98 2877.61 -27
PBT 228.04 448.99 -49 907.93 1736.84 -48
NP 165.21 332.15 -50 669.24 1277.07 -48

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