MRF's Q1 FY 2025-26 Quarterly Results

Result Summary

• MRF Ltd reported a 21.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.2%.
• Its expenses for the quarter were up by 20.6% QoQ and 9.4% YoY.
• The net profit increased 26.3% QoQ and decreased 12.4% YoY.
• The earnings per share (EPS) of MRF Ltd stood at 1180 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

MRF Ltd, headquartered in India, is one of the country's leading tire manufacturers and holds a significant position in the automotive industry. The company primarily focuses on the production of tires, but its portfolio extends to other automotive-related products such as tubes, flaps, and tread rubber. MRF Ltd's operations span across various segments of the automotive sector, catering to both domestic and international markets. The company has a well-established reputation for producing high-quality tires and is renowned for its innovation and extensive distribution network. As of the latest updates, no specific major developments have been highlighted, but MRF Ltd continues to maintain its robust presence in the tire manufacturing industry.

Revenue

In Q1FY26, MRF Ltd reported a total income of ₹7802.12 crores, demonstrating a quarterly growth of 21.1% from Q4FY25, where the total income was ₹6443.17 crores. On a year-over-year basis, the total income increased by 7.2% from Q1FY25, which recorded a total income of ₹7280.49 crores. This growth trajectory indicates a strong performance in revenue generation over both sequential and annual periods. The observed growth in revenue is a critical indicator of the company’s ability to capitalize on market opportunities in its business segment. However, specific factors contributing to this revenue increase are beyond the scope of the provided data.

Profitability

MRF Ltd's profitability in Q1FY26 experienced notable developments. The Profit Before Tax (PBT) for this quarter was ₹670.48 crores, reflecting a 27.1% increase from the previous quarter, Q4FY25, where the PBT was ₹527.34 crores. However, when compared to Q1FY25, which recorded a PBT of ₹762.91 crores, there was a year-over-year decline of 12.1%. The Profit After Tax (PAT) for Q1FY26 stood at ₹500.47 crores, increasing by 26.3% from the previous quarter's PAT of ₹396.11 crores, but showing a 12.4% decrease from the PAT of ₹571.02 crores in Q1FY25. This fluctuation in profitability metrics indicates variations in cost management and tax liabilities over the assessed periods. The tax expenses for Q1FY26 were ₹170.01 crores, showing an increase of 29.6% QoQ and a decrease of 11.4% YoY.

Operating Metrics

The Earnings Per Share (EPS) for MRF Ltd in Q1FY26 was ₹1180.00, which marked a 26.3% increase from Q4FY25's EPS of ₹934.00. However, compared to Q1FY25's EPS of ₹1346.40, there was a decrease of 12.4%. This metric reflects the company’s earnings performance attributable to each share over the period. The total expenses for Q1FY26 were reported at ₹7131.64 crores, showing a 20.6% increase from the previous quarter's expenses of ₹5915.83 crores, and a 9.4% increase from Q1FY25's expenses of ₹6517.58 crores. These expense trends indicate a potential rise in operational costs or strategic investments made during the period. While specific details about these expenses are not provided, the overall increase suggests significant financial activity within the company's operations.