Tyre Manufacturing News - Latest Updates & Headlines
MRF shares tank as Q3 profit drops 38 pc, firm declares Rs 3 as dividend
Mumbai, Feb 6: Leading tyre manufacturer MRF on Thursday reported a 38 per cent decline in net profit for the December quarter (Q3 FY25), as the firm's net profit stood at Rs 315 crore, compared to Rs 510 crore in the same period last year (Q3 FY24).
CEAT records 46.5 per cent drop in Q3 net profit at Rs 97 crore
Mumbai, Jan 15: Tyre major CEAT Ltd. saw its net profit nearly halve to Rs 97 crore in the October-December quarter of the current financial year even as the company's revenue rose 11.4 per cent to Rs 3,300 crore, according to an exchange filing on Wednesday.