MRF Q2 Continuing-Operations Profit 3.69 Billion Rupees
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07:09:28 AM UTC
SquawkNews
MRF NSE:MRF reported a near 28% fall in second-quarter profit on Tuesday, as higher costs for raw materials overshadowed strong demand for its tyres.The Wanderer-tyre maker's profit fell to 3.69 billion rupees ($39.29 million) in the quarter ended September 30, from 5.12 billion rupees a year earli…