MRF Posts Strong Q2: ₹72.5 Billion Revenue, ₹5.12 Billion Profit, Board Announces ₹3 Interim Dividend

MRF Limited, the nation’s largest tyre manufacturer, delivered a standout Q2 FY26 performance, announcing consolidated revenue from operations at ₹72.5 billion—a testament to resilient demand across domestic and export segments. The company recorded a consolidated profit from continuing operations of ₹5.12 billion, reflecting improved margins and effective cost management.

This quarter’s results highlight MRF’s ability to navigate input cost volatility while capitalizing on OEM partnerships and a strong replacement market. The board’s declaration of an interim dividend of ₹3 per share reinforces the company’s confidence in its balance sheet and future earnings trajectory.

Management commented that ongoing capex and R&D initiatives, targeted at high-margin speciality tyres, will further support profitable growth in coming quarters. With diversified customer reach, healthy cash flows, and prudent capital allocation, MRF remains well positioned in the competitive auto ancillary landscape.

Key Highlights:

Q2 FY26 revenue from operations: ₹72.5 billion; profit from continuing operations: ₹5.12 billion.

Interim dividend of ₹3 per share declared by the board for FY26.

Strong growth anchored in both OEM and replacement demand for tyres.

Operational focus on cost control and high-margin specialty products.

Robust financial performance amid sectoral challenges and input cost headwinds.

Management sees steady momentum supported by capex, innovation, and customer diversification.

Sources: Moneycontrol, CNBC TV18, Upstox, Business Upturn