MRF sales steady, income up 2.3%

India’s MRF Ltd. has reported stable sales for the three months to 30 June 2016. Net income during the quarter amounted to Rs 34.82 billion (£402.22 million), up from Rs 34.77 a year earlier. Standalone net profit rose 2.3 per cent to Rs 4.91 billion (£56.72 million).