MRF (MRF) Q3 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated results for the quarter and nine months ended 31 December 2025, with a second interim dividend of Rs.3 per share declared, record date set for 13 February 2026 and payment on or after 27 February 2026.

Financial highlights

• Standalone revenue from operations for Q3 FY26 was Rs.7,933.69 crore, up from Rs.6,883.17 crore in Q3 FY25; nine-month revenue reached Rs.22,743.65 crore, up from Rs.20,721.38 crore year-over-year.

• Standalone net profit for Q3 FY26 was Rs.679.14 crore, up from Rs.433.36 crore in Q3 FY25; nine-month net profit was Rs.1,674.96 crore, up from Rs.1,324.70 crore year-over-year.

• Consolidated revenue from operations for Q3 FY26 was Rs.8,050.43 crore, up from Rs.7,000.82 crore in Q3 FY25; nine-month consolidated revenue was Rs.23,104.84 crore, up from Rs.21,078.36 crore year-over-year.

• Consolidated net profit for Q3 FY26 was Rs.691.83 crore, up from Rs.442.72 crore in Q3 FY25; nine-month consolidated net profit was Rs.1,717.94 crore, up from Rs.1,357.18 crore year-over-year.

• Exceptional item of Rs.77.20 crore recognized due to one-time increase in gratuity/leave liability from new labour codes.

Outlook and guidance

• Board declared a second interim dividend of Rs.3 per share for FY26, reflecting confidence in ongoing performance.