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M.R.F. Ltd. — Earnings Release 2026
May 7, 2026
64094_rns_2026-05-07_7fd964aa-9beb-4a22-b71f-124ab5f880db.pdf
Earnings Release
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MRF
MRF Limited, Regd. Office: 114, Greams Road, Chennai - 600 006.
E-mail: [email protected]; Tel.: 044-28292777; Fax: 91-44-28290562
CIN : L25111TN1960PLC004306 Website: www.mrftyres.com
071/SH/SE/BOARD/MAY-2026/KGG/3
07th May, 2026
| National Stock Exchange of India Ltd
Exchange Plaza 5th Floor
Plot No.C/1G Block Bandra-Kurla Complex
Bandra (E) Mumbai 400 051 | Bombay Stock Exchange Ltd
Floor 24 P J Towers
Dalal Street
Mumbai 400 001 |
| --- | --- |
Dear Sir,
Press Release - Board Meeting held on 07th May, 2026
Please find enclosed the Press release issued by the Company on the Audited Financial Results for the year ended 31st March, 2026.
Kindly take the same on record.
Thanking you.
Yours faithfully
For MRF LIMITED
THULSIDASS
Digitally signed by
THULSIDASS
VELAYUDHAN
VELAYUDHAN THARAYIL
Date:2026.05.07
15:32:22 +05'30'
THARAYIL
THULSIDASS T V
Vice President, General Counsel &
Company Secretary
PRESS RELEASE
Financial Performance
MRF’s consolidated total income is Rs 31,654 Crores for the year ended 31st March 2026, as compared to Rs. 28,570 Crores in the previous year recording a growth of around 11% over previous year. The consolidated Profit before tax stood at Rs 3222 Crores for the year ended 31st March 2026, as against Rs. 2483 Crores for the previous financial year. Tax expense for the year is Rs 796 Crores (previous year Rs. 610 Crores). After making provision for tax expense, the consolidated Net Profit for the year ended 31st March 2026 increased by 30% to Rs 2426 Crores as against Rs 1873 Crores for the previous financial year.
Operations
The Company delivered a healthy operating performance in FY 2025-26 and crossed the milestone of Rs 30,000 Crores in Sales during the year, with good growth in both Replacement and OE segments.
The Company’s performance was aided by the launch of new SKUs in various categories like Truck, Passenger, Two-Wheelers etc. Besides being one of the largest OE suppliers of Tyres to ICE vehicles, the Company has become the most preferred supplier of Tyres to Electric Vehicles. MRF tyres are increasingly being fitted on vehicles exported by OEMs to many countries across the globe.
Demand buoyancy arising from reduction in GST rates continued into the 4th Quarter of the year, which is reflected in both Replacement & OE Sales. OEMs also witnessed a high Demand in the Quarter which led to an increased demand for tyres.
In order to cater to future demand for tyres across segments in the Replacement market, OEMs and Export, we are also expanding capacity across Plants.
The ongoing conflict in the Middle East and resulting disruptions have led to uncontrolled increase in raw material costs and supply chain issues. This has severely impacted the cost of input materials which is expected to continue. The Company has taken price increases and cost management measures to mitigate the impact of higher raw material costs and will take further hikes. Further, the forecast of a sub normal monsoon may adversely impact demand. In view of the unpredictable economic conditions and cost pressures on margins, it is difficult to anticipate the expected impact on growth and the Company is in the process of evaluating the same.
Dividend
The dividend for the financial year 2025-26 is Rs 235/- (2350%) per share of Rs.10 each which includes two interim dividends of Rs.3/- each (30%) per share already paid.
Date: 07.05.2026
Place: Chennai.
