MRF June quarter net profit grows five times to Rs 581.5 crore; shares soar to all-time high
Tyre manufacturer MRF on Thursday reported a net profit of Rs 581.5 crore for the quarter ended June 2023, marking an increase of more than five times on a year-on-year basis. The announcement sent the MRF stock soaring to an all-time high.
MRF shares scaled a fresh peak on Thursday after the tyre maker reported a strong set of quarterly numbers. | Image: Reuters