MRF declares ₹3 interim dividend as profit falls 28%

Business Nov 10, 2026

MRF is giving shareholders a ₹3 per share interim dividend, with payouts set for December 1 if you're on record by November 17.

The announcement comes after a rough quarter: MRF's net profit dropped 28% to ₹369 crore, even though revenue actually climbed nearly 18%.

MRF EBITDA ₹522cr, shares down 21%

Higher raw material costs pushed expenses up over 22%, which hurt profits despite stronger sales.

MRF's EBITDA also slipped to ₹522 crore.

On top of that, the company's stock has taken a hit too, down 21% in the past year, thanks to ongoing global cost pressures facing tire makers.