MRF (MRF) Q2 26/27 earnings summary

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.