MRF’s Q4 net income down 32.2% y/y to USD44.2 million
Revenues decrease 1.5% y/y
Indian tire-maker MRF has reported a 32.2% year-over-year (y/y) decline in its standalone net profit to INR2.8 billion (USD44.2 million as on 31 March 2017) for the fourth quarter (Q4) ended 31 March 2017, the Indian tire-maker said in a regulatory filing.
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