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FINWIRES

MRF's Consolidated Profit Climbs in Fiscal Q4

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MRF's (NSE:MRF, BOM:500290) consolidated profit rose to 7.02 billion Indian rupees in the fiscal fourth quarter ended March 31 from 5.11 billion rupees a year ago.

Earnings per share jumped to 1,655.80 rupees from 1,203.68 rupees a year ago, the tire manufacturer said in a filing to the Indian stock exchanges on Thursday.

Revenue from operations also increased to 80.4 billion rupees from 70.7 billion rupees a year ago.

The company's board recommended a final dividend of 229 rupees per share of 10 rupees each for the financial year ended March 31.

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