News

MRF Q4 Results: Big margin beat; Announces highest ever dividend of ₹229 per shareShares of MRF had already risen 26% over the last one month in the lead-up to the earnings announcement. By Hormaz Fatakia   May 7, 2025, 1:16:11 PM IST (Updated)1 Min ReadMRF Ltd., the manufacturer of tyres, reported March quarter results on Wednesday, May 7, and also announced its highest-ever dividend for shareholders.

MRF's profitability went up by 31.2% during the March quarter to ₹498 crore, while its revenue grew by 11.7% on a year-on-year basis to ₹6,944 crore.

The tyre manufacturer's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at ₹1,043 crore, which is higher than the Bloomberg consensus estimate of ₹874 crore.

EBITDA margin for the quarter expanded by 70 basis points from the same quarter last year to 15% from 14.3%. The number was significantly higher compared to the Bloomberg consensus estimate of 12.5%. Raw material costs remained flat for the quarter, compared to the December period.

MRF has also announced a final dividend of ₹229 per share for financial year 2025. This is in addition to the ₹6 per share it had already paid earlier.

With this, MRF's total dividend for financial year 2025 stood at ₹235. The company at the end of financial year 2024, had approved a final dividend of ₹194 per share.

Shares of MRF are trading 2.9% higher post the results announcement at ₹1,38,900. The stock is up 26% in the last one month.Continue ReadingFirst Published: May 7, 2025 1:01 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsDividend stocksearningsMRFMRF share priceshare market today