MRF’s Q3 net income down 17.9% y/y to USD40 million

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Financial results

Revenue up 6.1% y/y

MRF’s standalone net profit declined 17.9% year on year (y/y) to INR2.7 billion (USD40 million) in the third quarter ended 31 December 2018, the Indian tire-maker said in a regulatory filing on 7 February.

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