hypeless
Back to the news

Companies

MRF Q2 net profit falls 27% on higher raw material costs

Reported by: Times of India, The Hindu, BusinessLine, Fortune India, CNBC TV18, Moneycontrol, Financial Express, Business Standard, Zee Business, NDTV Profit, ET Now ·

WhatsApp

MRF

Summary

MRF's net profit for Q2 fell 28% to ₹369 crore from ₹512 crore a year earlier, Business Standard reported, as raw material costs climbed 44%. Revenue rose 18% to ₹8,524 crore. Moneycontrol and Fortune India reported the same profit figure of ₹369 crore and the same 28% fall. Financial Express reported that MRF also announced an interim dividend of ₹3 per share and a record date. Q2 is the July to 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. An interim dividend is a payout to shareholders declared between annual results, and the record date is the cut-off for deciding who is eligible to receive it.

AI summary of what Fortune India, Moneycontrol, Financial Express and Business Standard reported. AI can make mistakes. Read the full story on Fortune India

Learn: Dividends, bonus shares and stock splits

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 -0.5 across 12 outlets. Their headlines lean negative.

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

BusinessLine  · · Tone -1

MRF Q2 Results: Net profit declines 27% to ₹387 cr

The steep increase in prices of raw materials due to global uncertainties adversely affected profitability during the quarter

BusinessLine  · · Tone -1

MRF posts lower quarterly profit as higher costs bite

Q2 profit drops to ₹369 crore in the quarter ended ‌September 30, from ₹512 crore a year earlier

Moneycontrol  · via Google News · · Tone 0

MRF Q2 net profit falls 28% to Rs 369 crore on higher raw material costs; revenue rises 18%

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. ET Now ·

    First report

  2. NDTV Profit ·

    4 min after the first report

  3. Zee Business ·

    38 min after the first report

  4. Business Standard ·

    40 min after the first report

  5. Financial Express ·

    46 min after the first report

  6. Moneycontrol ·

    1 h 1 min after the first report

  7. BusinessLine ·

    1 h 25 min after the first report

  8. CNBC TV18 ·

    1 h 33 min after the first report

  9. Fortune India ·

    2 h 4 min after the first report

  10. The Hindu ·

    4 h 41 min after the first report

  11. Times of India ·

    5 h 20 min after the first report

Key terms

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

  • dividend

    Three company actions that often confuse first-time investors. Learn what a dividend, a bonus issue and a stock split actually change, with simple rupee examples.

    Learn: Dividends, bonus shares and stock splits

  • 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.

Ask Hypeless about this story

Ask what it means, what a term in it means, or what other outlets said. Answers use only these outlets' headlines.

Ask Hypeless