MRF shares gain after Q2 results and revenue rise
In short
MRF shares rose after its Q2 results. Revenue from operations increased almost 18% to ₹8,524 crore, while total expenses climbed more than 22%.
What the reporting says
MRF shares gained after the company reported Q2 results showing revenue from operations rose almost 18% to ₹8,524 crore. Business Standard Markets said total expenses grew by more than 22%, while Centrum turned bullish and expected margin recovery. The results and broker view drove trading interest in the tyre maker’s stock.
Why it matters
MRF shares advanced after the company reported quarterly results with revenue from operations up almost 18% to ₹8,524 crore and total expenses rising more than 22%. The market reaction also followed a bullish view from Centrum, which expected margin recovery. The move matters for MRF investors and the auto-tyre sector because the results highlight stronger sales alongside faster-growing costs.