MRF shares have seen a tremendous rise following the announcement of the January-March quarter results. In intraday trade, MRF shares rose 4.8 percent to ₹ 1,41,500, up from ₹ 1,34,990 on Tuesday.
MRF Limited said on Wednesday that his net profit increased 29.28 per cent in the January-March quarter to Rs. 512.11 crore. The company paid Rs. A net profit of Rs 396.11 crore was made.
The company’s profit fell
The company’s net profit for the financial year (2024-25) was reduced to Rs. 1869.29 crore, which was Rs. 2,081.23 crore. During this period, operating income is Rs. 25,169.21 crore increased to Rs. 28,153.18 crore.
MRF Rs. Will give a dividend of 229
With the announcement of January-March’s fourth quarter and financial year results, the MRF has given Rs. 229 dividends have been announced. On Wednesday, the stock of MRF has seen a 3 percent increase. The MRF has not set a record date for the dividend. The company will share information about this later.
As per the exchange filing, the company has announced a dividend of Rs 3 per share for the financial year ended March 31, 2025. For the business year, he has paid a dividend of Rs 235 on a face value of Rs 10. Its dividend yield is 0.14% at the current share price.
Raise MRF Shares after Result
MRF shares have seen a tremendous increase after the January-March quarter results. In intraday trade, MRF shares rose 4.8 percent to ₹ 1,41,500, which was ₹ 1,34,990 on Tuesday. In the last one month, the stock of MRF has increased by 27 percent, while the 6 -month period has increased by more than 15 percent.
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