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MRF's Quarterly Profit Falls as Raw-Material Costs Rise

Revenue from operations rose to ₹8,660.19 crore, while the company said commodity volatility and high logistics costs may persist.

Updated 1 min read
Rubber compound sheets sit beside a tire-curing press at MRF’s Tiruvottiyur plant in Chennai / EconoTimes.ai
Rubber compound sheets sit beside a tire-curing press at MRF’s Tiruvottiyur plant in Chennai / EconoTimes.ai

MRF's consolidated profit fell in the September quarter as raw-material prices rose, despite higher operating revenue, underscoring the pressure input costs placed on the company's latest results.

Net profit was ₹386.99 crore for the quarter ended Sept. 30, 2026, compared with ₹527.43 crore a year earlier. Revenue from operations reached ₹8,660.19 crore, up from ₹7,378.72 crore. Consolidated total income was ₹8,791.58 crore, compared with ₹7,489 crore in the year-earlier quarter.

MRF linked the pressure on profitability to steep raw-material price increases amid global uncertainties. It credited price adjustments and internal savings with easing some of the strain, but did not quantify their effects or detail the savings measures.

Demand held up in original-equipment sales and the replacement market, the company said. MRF expects continued disruption and volatility in commodity markets and said raw-material and logistics costs are likely to remain elevated.

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