MRF Limited has reported strong financial growth for the financial year ended March 31, 2026. The company announced consolidated annual revenue of ₹31,149.01 crore and a profit after tax of ₹2,426.10 crore. Additionally, the Board recommended a final dividend of ₹229 per share, bringing the total dividend for the year to ₹235 per share. The meeting also confirmed leadership changes, including the resignation of the Company Secretary and the appointment of a new successor.
Strong Financial Performance
For the financial year ended March 31, 2026, MRF Limited achieved a consolidated revenue from operations of ₹31,149.01 crore, compared to ₹28,153 crore in the previous year. The consolidated profit after tax for the year stood at ₹2,426.10 crore, reflecting a solid performance amidst dynamic market conditions. On a standalone basis, the company reported annual revenue of ₹30,652.08 crore and a profit of ₹2,355.40 crore.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹229 per share (2290%) on equity shares of ₹10 each, subject to shareholder approval. When combined with the two interim dividends of ₹3 per share already paid, the total dividend for the financial year 2026 reaches ₹235 per share, representing a 2350% payout.
Leadership and Governance Updates
The company announced key management changes effective May 7, 2026. Mr. S. Dhanvanth Kumar, Company Secretary and Compliance Officer, has resigned due to health reasons. The Board has appointed Mr. Thulsidass T. V. as the new Vice President, General Counsel, and Company Secretary to succeed him.
Operational Highlights
During the quarter, the company successfully redeemed 15,000 non-convertible debentures in full, aggregating to ₹150 crore. Furthermore, the Board has re-appointed M. M. NISSIM & CO. LLP as the Joint Statutory Auditors for a period of five consecutive financial years, spanning from the conclusion of the 65th Annual General Meeting until the 70th Annual General Meeting.
Source: BSE
