MRF Q2 Net Profit Falls 28% To Rs 369 Cr As Raw Material Costs Surge

Revenue rises 18 per cent to Rs 8,524 crore in Q2 FY27, but a sharp increase in material expenses weighs on profitabilityTyre manufacturer MRF Limited reported a 28 per cent year-on-year decline in net profit to Rs 369 crore for the second quarter of FY27, compared with Rs 512 crore in the correspo…