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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
MRF
MRF (MRF) investor relations material
MRF Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary10 Nov, 2026
Executive summary
Consolidated Q2 revenue was ₹8,660.19 crore vs ₹7,378.72 crore; net profit was ₹386.99 crore vs ₹527.43 crore YoY.
Consolidated H1 revenue was ₹17,075.69 crore vs ₹15,054.36 crore; net profit was ₹882.34 crore vs ₹1,029.25 crore YoY.
Financial highlights
Consolidated Q2 profit before tax was ₹521.81 crore vs ₹700.45 crore; H1 profit before tax was ₹1,171.50 crore vs ₹1,372.28 crore.
Standalone Q2 revenue was ₹8,523.96 crore vs ₹7,249.68 crore and net profit was ₹369.15 crore vs ₹511.59 crore; H1 revenue was ₹16,815.52 crore vs ₹14,809.96 crore and net profit was ₹843.52 crore vs ₹995.82 crore.
Consolidated Q2 total comprehensive income attributable to owners was ₹417.19 crore vs ₹540.13 crore; H1 was ₹896.44 crore vs ₹1,052.80 crore.
Segment performance
Tyres, tubes, flaps and tread rubber constitute one primary operating segment; speciality coatings operations were below the threshold for a reportable segment.
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Latest events from MRF
- Record income and profit growth, strong margins, and robust product launches; CCI case pending.MRF
Q4 23/24 - Q1 FY27 saw revenue and profit growth, new senior hires, and updated labour code provisions.MRFQ1 26/27
- FY26 saw robust revenue and profit growth, a Rs 235/share dividend, and key management changes.MRFQ4 25/26
- Strong revenue and profit growth, improved margins, and a Rs.3 interim dividend declared.MRFQ3 25/26
- Strong revenue and profit growth with interim dividend declared and robust financial ratios.MRFQ2 25/26
- Revenue and profit rose year-over-year, but margins declined; CCI penalty remains under appeal.MRFQ1 24/25
- Revenue and profit rose year-over-year, with interim dividend declared and strong credit ratings maintained.MRFQ2 24/25
- Revenue rose but net profit dipped; record dividend of Rs 235/share declared for FY25.MRFQ4 24/25
- Revenue up but profit and margins down; Rs.3 interim dividend declared; legal risk persists.MRFQ3 24/25
Next MRF earnings date
Q3 26/275 Feb, 2027
MRF
Next MRF earnings date
Q3 26/275 Feb, 2027
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