MRF Q1 FY27 results at a glance
MRF LTD Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹8,416 cr |
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| Revenue YoY | +9.6% |
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| Operating profit | ₹543 cr |
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| Operating margin | 6.5% |
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| Net profit | ₹495 cr |
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| Net profit YoY | -1.3% |
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| Net profit QoQ | -29.5% |
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| Net margin | 5.9% |
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| Basic EPS | ₹1167.97 |
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| TTM revenue | ₹31,889 cr |
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| TTM net profit | ₹2,415 cr |
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| TTM net margin | 7.6% |
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MRF Q1 FY27 results: what the numbers say
MRF LTD (MRF) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹8,416 cr and a net profit of ₹495 cr, translating into earnings per share of ₹1167.97.
Compared with the same quarter a year earlier, revenue grew by +9.6% and net profit declined marginally by -1.3%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹543 cr, an operating margin of 6.5% versus 8.4% a year ago — a contraction of 1.9 percentage points.
MRF quarter-wise results table
Revenue
₹8,416 cr
+9.6% YoY
Net profit
₹495 cr
-1.3% YoY
Operating profit
₹543 cr
-15.4% YoY
MRF LTD (MRF) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹8,416 cr | ₹543 cr | ₹495 cr | 6.5% | 5.9% | ₹1167.97 | -1.3% | -29.5% |
| Q4 FY262026-03-31 | ₹8,044 cr | ₹863 cr | ₹702 cr | 10.7% | 8.7% | ₹1655.80 | — | +1.5% |
| Q3 FY262025-12-31 | ₹8,050 cr | ₹961 cr | ₹692 cr | 11.9% | 8.6% | ₹1631.23 | — | +31.6% |
| Q2 FY262025-09-30 | ₹7,379 cr | ₹681 cr | ₹526 cr | 9.2% | 7.1% | ₹1239.38 | — | +4.7% |
| Q1 FY262025-06-30 | ₹7,676 cr | ₹642 cr | ₹502 cr | 8.4% | 6.5% | ₹1183.22 | — | — |
| TTM (last 4 quarters) | ₹31,889 cr | ₹3,048 cr | ₹2,415 cr | 9.6% | 7.6% | ₹5694.38 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
MRF quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
MRF LTD quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 | Q1 FY262025-06-30 |
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| Revenue / Sales | ₹8,416 cr | ₹8,044 cr | ₹8,050 cr | ₹7,379 cr | ₹7,676 cr |
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| Total expenses | ₹7,873 cr | ₹7,181 cr | ₹7,089 cr | ₹6,698 cr | ₹7,034 cr |
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| Gross profit | ₹2,816 cr | ₹3,120 cr | ₹3,095 cr | ₹2,723 cr | ₹2,688 cr |
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| Operating profit (EBIT) | ₹543 cr | ₹863 cr | ₹961 cr | ₹681 cr | ₹642 cr |
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| Operating margin | 6.5% | 10.7% | 11.9% | 9.2% | 8.4% |
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| Interest cost | ₹88.33 cr | ₹86.33 cr | ₹91.23 cr | ₹90.23 cr | ₹98.41 cr |
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| Profit before tax | ₹650 cr | ₹930 cr | ₹917 cr | ₹699 cr | ₹672 cr |
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| Tax expense | ₹154 cr | ₹227 cr | ₹226 cr | ₹173 cr | ₹170 cr |
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| Effective tax rate | 23.8% | 24.5% | 24.6% | 24.8% | 25.3% |
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| Net profit (PAT) | ₹495 cr | ₹702 cr | ₹692 cr | ₹526 cr | ₹502 cr |
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| Net profit margin | 5.9% | 8.7% | 8.6% | 7.1% | 6.5% |
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| Basic EPS | ₹1167.97 | ₹1655.80 | ₹1631.23 | ₹1239.38 | ₹1183.22 |
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| Diluted EPS | ₹1167.97 | ₹1655.80 | ₹1631.23 | ₹1239.38 | ₹1183.22 |
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MRF results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
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| Revenue YoY | +9.6% | — | — | — | — |
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| Revenue QoQ | +4.6% | -0.1% | +9.1% | -3.9% | — |
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| Operating profit YoY | -15.4% | — | — | — | — |
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| Operating profit QoQ | -37.1% | -10.2% | +41.2% | +6.1% | — |
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| Net profit YoY | -1.3% | — | — | — | — |
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| Net profit QoQ | -29.5% | +1.5% | +31.6% | +4.7% | — |
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| EPS YoY | -1.3% | — | — | — | — |
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| EPS QoQ | -29.5% | +1.5% | +31.6% | +4.7% | — |
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MRF annual results history
Full-year performance for MRF LTD, useful for reading each quarter in context.
MRF LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹30,932 cr | ₹27,975 cr | ₹25,011 cr | ₹22,851 cr |
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| Total expenses | ₹27,710 cr | ₹25,459 cr | ₹22,112 cr | ₹21,648 cr |
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| Gross profit | ₹10,777 cr | ₹9,529 cr | ₹9,464 cr | ₹6,993 cr |
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| Operating profit (EBIT) | ₹3,222 cr | ₹2,516 cr | ₹2,899 cr | ₹1,203 cr |
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| Operating margin | 10.4% | 9.0% | 11.6% | 5.3% |
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| Interest cost | ₹359 cr | ₹359 cr | ₹352 cr | ₹319 cr |
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| Profit before tax | ₹3,222 cr | ₹2,483 cr | ₹2,787 cr | ₹1,070 cr |
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| Tax expense | ₹796 cr | ₹610 cr | ₹706 cr | ₹301 cr |
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| Effective tax rate | 24.7% | 24.6% | 25.3% | 28.1% |
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| Net profit (PAT) | ₹2,426 cr | ₹1,873 cr | ₹2,081 cr | ₹769 cr |
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| Net profit margin | 7.8% | 6.7% | 8.3% | 3.4% |
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| Basic EPS | ₹5720.37 | ₹4416.92 | ₹4907.24 | ₹1813.04 |
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| Diluted EPS | ₹5720.37 | ₹4416.92 | ₹4907.24 | ₹1813.04 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹8,416 cr against ₹7,676 cr in Q1 FY26, and ₹8,044 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +4.6%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹7,873 cr, or 93.5% of revenue, with operating profit declined -15.4% year on year.
Margins, tax and profitability
Net profit of ₹495 cr works out to a net margin of 5.9% compared with 6.5% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, MRF LTD reported profit before tax of ₹650 cr, a tax charge of ₹154 cr (effective rate 23.8%), interest cost of ₹88.33 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹702 cr in Q4 FY26 to ₹495 cr in Q1 FY27, a change of -29.5%.
Trailing twelve months and annual context
Across the trailing four quarters MRF LTD has generated revenue of ₹31,889 cr and net profit of ₹2,415 cr, a trailing net margin of 7.6%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹30,932 cr with net profit of ₹2,426 cr and EPS of ₹5720.37, versus the prior year where revenue grew +10.6% and profit grew +29.5%.
What to watch in the next MRF quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
MRF LTD has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
MRF results coverage
No results report published for MRF yet — our desk covers each quarter within minutes of the filing.
MRF quarterly results FAQs
What were MRF LTD (MRF) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), MRF LTD reported revenue of ₹8,416 cr and net profit of ₹495 cr, a change of -1.3% year on year on +9.6% revenue growth. EPS stood at ₹1167.97.
What is MRF profit margin in Q1 FY27?
MRF LTD posted a net profit margin of 5.9% and an operating margin of 6.5% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹31,889 cr and net profit ₹2,415 cr.
Did MRF results beat the previous quarter?
MRF LTD net profit changed -29.5% quarter on quarter, from ₹702 cr in Q4 FY26 to ₹495 cr in Q1 FY27.
When are MRF LTD (MRF) quarterly results?
MRF LTD has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see MRF latest quarterly results?
Results coverage for MRF will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the MRF stock page.
What is MRF LTD annual revenue and profit?
For FY26, MRF LTD reported full-year revenue of ₹30,932 cr and net profit of ₹2,426 cr, with EPS of ₹5720.37.
How many quarterly results has MRF declared recently?
Past results dates for MRF will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
