MRF (MRF) Q2 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2025 were approved and reviewed by the Board and auditors.

• Interim dividend of Rs.3 per equity share declared, record date set for 21st November 2025.

Financial highlights

• Standalone revenue from operations for Q2 FY26 was Rs. 7,356.38 crore, up from Rs. 6,760.37 crore in Q2 FY25; half-year revenue at Rs. 14,809.96 crore.

• Standalone net profit for Q2 FY26 was Rs. 511.59 crore, up from Rs. 455.43 crore in Q2 FY25; half-year net profit at Rs. 995.82 crore.

• Consolidated revenue from operations for Q2 FY26 was Rs. 7,486.82 crore, up from Rs. 6,881.09 crore in Q2 FY25; half-year revenue at Rs. 15,054.41 crore.

• Consolidated net profit for Q2 FY26 was Rs. 525.64 crore, up from Rs. 470.70 crore in Q2 FY25; half-year net profit at Rs. 1,026.11 crore.

Outlook and guidance

• CARE reaffirmed ratings: "CARE AAA" for long-term and "CARE A1+" for short-term banking facilities and NCDs.