MRF Q2 Profit Falls 27% Due to Rising Raw Material Costs
MRF Ltd reported a 26.6% year-on-year decline in consolidated net profit to ₹386.99 crore for Q2 ending September 30, 2026. Despite a 17.4% rise in total income to ₹8,791.58 crore, profit before tax fell 25.5% to ₹521.81 crore. Earnings per share dropped to ₹912.46 from ₹1,243.60. Raw material costs surged 43.1%, pushing total expenses up 21.8%. MRF also signed a non-binding MoU with Tamil Nadu for a greenfield plant at Sivaganga, pending government approvals.
Hindu Business··Sivaganga



