MRF shares settle 4% higher after Q4 profit jumps 31%, dividend at Rs 229/sh

Synopsis

MRF Ltd's shares surged after reporting a 31% year-on-year increase in Q4 net profit, reaching Rs 498 crore. The company's revenue from operations also rose by 12% to Rs 6,944 crore. Alongside these strong results, MRF announced a final dividend of Rs 229 per share, bringing the total dividend for FY25 to Rs 235 per share.

Shares of one of India's highest-valued equities, MRF Ltd, climbed as much as 4.8% on Wednesday to Rs 1,41,505 on the BSE after the tyre maker posted a 31% year-on-year surge in fourth-quarter net profit and declared a final dividend of Rs 229 per share.

The stock ended Wednesday's session 4.23% higher at Rs 1,40,670.75 on the BSE.

The tyre maker reported a net profit of Rs 498 crore for the quarter ended March 2025, compared to Rs 380 crore in the same period a year earlier. Revenue from operations rose 12% during the March quarter to Rs 6,944 crore, up from Rs 6,215 crore in the year-ago quarter.

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 18% to Rs 1,043 crore during the quarter. The EBITDA margin for the March quarter expanded to 15%, indicating improved operating efficiency.

Dividend details

Despite the steep payout, MRF’s dividend yield remains modest at 0.15%, based on its prevailing stock price of around Rs 1,40,000, according to Trendlyne data.

The last dividend paid by MRF was Rs 3 per share, with a record date of February 14, 2025. A similar interim dividend was declared earlier with a record date of November 19, 2024.

Also read | MRF Q4 Results: Co announces dividend of Rs 229 per share as PAT jumps 31% YoY

MRF is India’s largest tyre manufacturer and among the top tyre makers globally. The company offers a broad range of tyres across segments—from passenger cars and trucks to motorcycles and agricultural vehicles. It has also diversified into conveyor belts, paints, and sports goods over the years.

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