MRF Shares Soar 5% as Investors cheered Q4 Profit Growth and Generous Dividend

Shares of MRF rose as much as 5% on the National Stock Exchange after the company reported an over 29% on-year increase in the consolidated net for the first quarter of 2025. This was mainly driven by an over 11% surge in revenue for the said period. With today’s rally the stock has soared over 38% from its 52-week low level which it touched in March this year.

MRF’s board of directors has recommended a final dividend of Rs 229 per share declared in addition to two interim dividends of Rs 3 each which it has paid earlier. The total dividend for the financial year ended March 2025 is Rs 235 per share.

Meanwhile, 21,000 shares changed hands on the National Stock Exchange at the time of writing this story. The figure was higher than the two-week average volume of 551 shares. The total traded volume was Rs 292.25 as of now. MRF’s market capitalisation was Rs 59,800.12 crore.

The tyre-maker’s consolidated operating margin expanded 83 basis points on year to 9.13% for the March quarter. However, the consolidated net profit margin expanded 97 bps to 7.12%.

Although MRF’s consolidated revenue rose 12% for the financial year ended March, its net profit fell 10% on year. This was mainly due to increased input costs for the company amid rising rubber prices. This full-year miss does highlight that demand recovery and cost management will be a key factor in FY26. 

The company manufactures various types of tyres—radial, tubeless, and two-wheeler—serving vehicles from passenger cars and motorcycles to trucks, buses, and farm equipment. In addition to tyres, MRF has expanded into various segments such as conveyor belts, paints, and sporting goods.

Other tyre companies such as Apollo Tyres and Balakrishna Industries are yet to declare their March quarter earnings.