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MRF shares gain after Q2 results; Centrum bullish, sees margin recovery

Reported by: Business Standard, Zee Business, CNBC TV18 ·

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MRF

Summary

Tyre maker MRF reported a 22.8% fall in net profit for the July-September quarter, Economic Times reported, even as revenue from operations rose 17.4% to ₹8,660.19 crore from a year earlier. The outlet linked the profit fall to higher input costs. Zee Business put the profit decline at 23%. This is the analyst's view, not Hypeless's. Q2 is the July-September quarter, the second of India's financial year. Net profit is what is left after all costs and tax; revenue is the money earned from sales.

AI summary of what Zee Business, CNBC TV18 and Economic Times reported. AI can make mistakes. Read the full story on Zee Business

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Sources

Every outlet that reported this story. Each link opens the outlet's own article.

What each outlet wrote

The same news, in each outlet's own headline. Open one to read their full story.

Average tone +1.3 across 3 outlets. Their headlines lean positive.

Each score is a headline's positive words minus its negative words. It describes the wording, never the company. Business news outlets are listed first. How we measure tone

Business Standard  · · Tone +3

MRF shares gain after Q2 results; Centrum bullish, sees margin recovery

MRF's revenue from operations rose by almost 18 per cent to ₹8,524 crore, while total expenses grew by more than 22 per cent

Zee Business  · via Google News · · Tone 0

MRF shares trade in red after Q2 results, profit falls 23%; CLSA sees 32% upside

CNBC TV18  · · Tone +1

MRF share price: Why CLSA sees 32% upside despite near-term margin pressures

11 analysts have coverage on MRF, of which four have a "buy" rating on the stock, two say "hold", while five have a "sell" recommendation. The consensus estimate of price targets indicates an upside potential of 8% from…

Some headlines quote an analyst. Those views are theirs, not ours.

When each outlet reported it

The first outlet to publish, then the others, with the gap after the first report.

  1. CNBC TV18 ·

    First report

  2. Zee Business ·

    51 min after the first report

  3. Business Standard ·

    2 h 5 min after the first report

Key terms

Words in this story, explained in plain language in our Learn pages.

  • Q2

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

    Learn: How to read a company's results

Earlier coverage

What outlets reported about the same company before this story, newest first.

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