MRF Q3 profit jumps 57.22% to Rs 227.28 crore

Tyre major MRF Ltd on Thursday reported a 57.22 percent increase in standalone net profit to Rs 227.28 crore for the third quarter ended June 30.

Last Updated: Jul 25, 2013, 17:37 PM IST

New Delhi: Tyre major MRF Ltd on Thursday reported a 57.22 percent increase in standalone net profit to Rs 227.28 crore for the third quarter ended June 30.

The Chennai-based company had posted a standalone profit of Rs 144.56 crore in the same period a year earlier, MRF said in a filing to the BSE.

Standalone income stood at Rs 3,051.46 crore in the April-June quarter, compared with Rs 3,008.27 crore in the same period of the previous financial year.

In a separate BSE filing, MRF said its board of directors declared an interim dividend of Rs 3 per share for the year ending September 30, which will be paid after August 19.

The company follows October-September financial year.

MRF shares traded at Rs 13,914.65 during afternoon trade on the BSE, up 0.72 percent.

PTI