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 multinational tire maker. The Company is engaged in the manufacture of rubber products, such as tires, tubes, flaps, tread rubber. The Company's tires products include MRF PERFINZA, MRF MARKUS, MRF CITIBUS, MRF MOGRIP METEOR M TT, MRF ZAPPER TL, MRF ZAPPER N TL, MRF SUPER MILER 99 PLUS, MRF SUPER LUG FIFTY PLUS R, MRF SAVARI EXTRA, 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. Its tires and services stocks the entire range of MRF tires and is equipped to provide services, such as computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tire changing. The Company provides paints and coats, including water-based wood finishes, pigmented finishes, special coatings, and others.
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