Tyre manufacturer MRF, following its Q3 earnings, has declared a second interim dividend of Rs 3 per equity share, or 30%, for the financial year ending March 31, 2026. The company has fixed February 13, 2026, as the record date to determine eligible shareholders. The dividend will be paid on or after February 27, 2026.
The company reported a strong earnings performance, with net profit surging to Rs 691 crore from Rs 316 crore a year ago, supported by healthy operational momentum and improved business execution.
Revenue rose 15% year-on-year (YoY), while EBITDA jumped 68%, reflecting robust operating leverage. As a result, margins expanded sharply to 17.4% from 11.9% in the same period last year.
The company’s total expenses for the quarter under review came in at Rs 7,180 crore, higher by over 7% to Rs 71,80 crore. In the same quarter last year, MRF’s total expense figure was Rs 6,675 crore, the company said in a regulatory filing