MRF Ltd announces results for year ending 31 March 2017

Indian tyre maker MRF Limited reports income of Rs 150.1 billion (£1.8 billion) for the 12 months to 31 March 2017. Net profit for the year came to Rs 14.5 billion (£174.6 million), and the company’s Board of Directors has recommended a final dividend of Rs 54 per share.

The previous financial period, to 31 March 2016, covered 18 months and saw MRF achieve income of Rs 224.8 billion and net profit of Rs 24.7 billion.

Further details regarding MRF Ltd’s results can be found in our company profiles and reports section.