: Tyre manufacturer MRF Ltd reported a decline in it’s consolidated net profit for the second quarter of the financial year 2026-27 (Q2 FY27), even as it’s revenue from operations registered healthy growth.
The company’s consolidated net profit fell 26.6 per cent YoY to Rs 387 crore in the September quarter, compared with Rs 527 crore in the corresponding quarter last year.
However, revenue from operations increased 17.4 per cent to Rs 8,660 crore in Q2 FY27, against Rs 7,379 crore reported in the year-ago period.
MRF Q2 results
MRF’s operating performance remained under pressure during the quarter.
The company’s EBITDA declined 14.9 per cent YoY to Rs 957 crore, compared with Rs 1,125 crore in Q2 of the previous financial year.
Its EBITDA margin also contracted to 11.1 per cent from 15.2 per cent in the corresponding quarter last year.
The decline in EBITDA and operating margin indicates pressure on the company’s profitability despite an increase in revenue during the quarter.
MRF dividend 2026
Alongside its quarterly results, MRF announced an interim dividend of Rs 3 per equity share.
MRF dividend record date
The company has fixed November 17, 2026, as the record date to determine the eligibility of shareholders for the dividend payment.
Investors holding eligible MRF shares as per the record-date requirements will be entitled to receive the declared dividend.
MRF share price in focus
MRF shares will remain in focus in the next trading session as investors assess the company’s Q2 performance, particularly the decline in profit, EBITDA and operating margin against the growth in revenue.
The interim dividend announcement will also be among the key developments for shareholders to track.