Mrf Limited Announces Unaudited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019
May 02, 2019 at 04:50 am EDT
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MRF Limited announced unaudited standalone earnings results for the fourth quarter and year ended March 31, 2019 and audited consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis, the company reported total income of INR 41,829.2 million against INR 41,595.1 million a year ago. Profit for the period from continuing operations was INR 2,938.3 million against INR 2,792.6 million a year ago. Basic EPS from continuing operations was INR 692.82 against INR 658.46 a year ago.
For the year, on standalone basis, the company reported total income of INR 162,544.7 million against INR 155,095.5 million a year ago. Profit for the period from continuing operations was INR 10,968.7 million against INR 10,922.8 million a year ago. Basic EPS from continuing operations was INR 2,586.26 against INR 2,575.43 a year ago.
For the year, on consolidated basis, the company reported total income of INR 164,841.9 million against INR 156,956.2 million a year ago. Profit for the period from continuing operations was INR 11,306.1 million against INR 11,316.1 million a year ago. Basic EPS from continuing operations was INR 2,665.82 against INR 2,668.17 a year ago.
MRF Limited is an India-based holding company. The Company is engaged in the manufacturing and sale of tires, tubes, flaps, tread rubber, and/or dealing in rubber and rubber chemicals. The Company's tires products include 225/55R16 PERFINZA CLX1 - TL, 225/45R17 PERFINZA CLX1 - TL, 205/60R16 PERFINZA CLX1 - TL, 205/55R16 PERFINZA CLX1 - TL, 195/65R15 PERFINZA CLX1 - TL, 195/60R15 PERFINZA CLX1 - TL, 245/45R17 PERFINZA CLY1 - TL, 245/45ZR18 PERFINZA CLY1 - TL and others. The Company's international business has a range of tires in various categories, including heavy-duty truck/bus tires, light trucks, MUV/RCV/passenger cars, motorsports, farm services, military services, forklifts, two/three-wheeler, off-the-road/earthmovers, and pretreads. The Company's sports goods offer the Virat Kohli range, the English Willow range, the Kashmir Willow range, junior kits, protective gear, and others. Its wholly owned subsidiaries include MRF Corp Ltd., MRF Lanka Pvt. Ltd., and MRF SG PTE LTD.
Mrf Limited Announces Unaudited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019