MRF's Q4 net profit up 72% y/y to USD51.4 million
Strong earnings growth driven by sharp drop in costs of raw materials
MRF’s net profit in the fourth quarter (Q4) ended 30 September 2014 increased 72% year-over-year (y/y) to INR3.17 billion (USD51.4 million, 30 September 2014), the company said in a regulatory filing.
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