Signal Desk · Markets

MRF declares ₹3 interim dividend for FY27 after profit falls 28%

2026-11-10 · 1 source · Mint Markets

In short

MRF has declared an interim dividend of ₹3 per share for FY27. The record date is November 17, 2026, and payment is due on or after December 1.

The company also reported quarterly net profit of ₹369 crore, down 28%, which may matter to investors watching earnings and payouts.

What the reporting says

MRF declared an interim dividend of ₹3 per share for FY27, with November 17, 2026, set as the record date and payment due on or after December 1, according to the Mint summary. The company announced the payout as quarterly net profit fell 28% to ₹369 crore, pressured by higher costs despite revenue growth. The update ties the dividend to the latest earnings print and the cost pressure behind weaker profit.

Why it matters

MRF declared an interim dividend of ₹3 per share for FY27 and set November 17, 2026 as the record date, with payment due on or after December 1. The announcement came alongside a 28% drop in quarterly net profit to ₹369 crore, which was attributed to higher costs despite revenue growth. The event is relevant for shareholders and market watchers focused on income and earnings.

Touches: MRF, Markets, Companies

Sources