MRF profits despite reporting 15% fall in Q4 internet profit

MRF profits despite reporting 15% fall in Q4 internet profit

by admin- Friday, May 3rd, 2019 04:30:03 PM

MRF is presently trading at Rs. 52800.00, up by 195.Forty factors or zero.37% from its preceding closing of Rs. 52604.60 on the BSE.

The scrip opened at Rs. 52450.00 and has touched a high and low of Rs. 53199.95 and Rs. 52450.00 respectively.

The BSE organization ‘A’ inventory of face price Rs. 10 has touched a fifty two week high of Rs. 81097.Sixty five on 30-Jul-2018 and a 52 week low of Rs. 51850.00 on 02-May-2019.

Last one week excessive and low of the scrip stood at Rs. 54590.00 and Rs. 51850.00 respectively. The present day market cap of the enterprise is Rs. 22421.01 crore.

The promoters keeping in the business enterprise stood at 27.74%, even as Institutions and Non-Institutions held 21.Forty eight% and 50.Seventy nine% respectively.

MRF has pronounced a fall of 14.91% in its net income at Rs 293.Eighty three crore for the region ended March 31, 2019 compared to Rs 345.32 crore for the equal quarter in the previous 12 months. However, general profits of the company extended by means of 6.04% at Rs four,182.Ninety two crore for region underneath evaluation compared to Rs 3,944.Seventy five crore for the region ended March 31, 2018.

For the 12 months ended March 31, 2019, the organization has posted a marginal upward thrust of zero.Forty two% in its internet profit at Rs 1,096.87 crore compared to Rs 1,092.28 crore for the preceding year. Total earnings of corporation increased 4.Eighty% at Rs 16,254.Forty seven crore for 12 months under review in comparison to Rs 15,509.Fifty five crore for 12 months ended March 31, 2018.

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