MRF Limited announced its Q2 FY26 results, reporting a consolidated net profit of ₹526 Crores, up from ₹471 Crores in the corresponding quarter of the previous year. The company’s consolidated total income increased by 7% to ₹7487 Crores. The Board has declared an interim dividend of ₹3 per share. Improved financial performance is attributed to softening raw material prices.
Financial Performance in Q2 FY26
MRF Limited has demonstrated growth in its financial results for the second quarter of fiscal year 2026. The consolidated total income reached ₹7487 Crores, marking a 7% increase compared to ₹6994 Crores in Q2 FY25. The profit before tax amounted to ₹699 Crores, compared to ₹631 Crores for the same period last year.
Profit and Tax Details
The company’s provision for tax for the quarter stands at ₹173 Crores. After accounting for this, the consolidated net profit for Q2 FY26 is reported as ₹526 Crores, which is higher than the ₹471 Crores recorded in Q2 FY25.
Operational Factors
Despite the typical seasonal impact of monsoons on sales, MRF experienced strong double-digit growth in Original Equipment (OE) sales. Exports also performed well, overcoming challenges related to tariff issues. The announcement of GST reduction had a temporary effect on replacement sales during the second half of the quarter.
Dividend Announcement
The Board of Directors has declared an interim dividend of ₹3/- (30%) per share for the financial year ending March 31, 2026.
Key Takeaways
The overall financial performance for the quarter ended September 30, 2025, was positively influenced by the softening of raw material prices. This, along with strong OE sales, contributed to the improved profit growth.
Source: BSE