Chennai, Nov 26: MRF has reported a 72 per cent jump in net profit for the fourth quarter ending September 30, 2014, on a standalone basis. The company, which follows an October September financial year, has reported a net profit of 316.91 crore (184.10 crore) on a total income from operations of 3,361.12 crore (3,147.45 crore) for the quarter ended September 30, 2014. The tyre manufacturer has announced a final dividend of 44 an equity share of 10, taking the total dividend to 50.
During the year the company incorporated a wholly-owned subsidiary in Singapore, MRF SG Pte Ltd. For the year ending September 30, 2014, the company reported a net profit of 897.89 crore (802.21 crore) on a total income of 13,197.58 crore (12,131.16 crore). On a consolidated basis, the net profit for the year was 908.32 crore (808.61 crore) on a total income of 13,329.29 crore (12,248.22 crore).