Tyre major MRF [MRF] has announced a substantial final dividend of ₹229 per share for the financial year 2026, building on a period of strong financial performance driven by impressive fourth-quarter results.
Tyre manufacturing giant MRF [MRF] reported a robust 37% year-on-year surge in its fourth-quarter net profit, reaching ₹680 crore. The company also announced a final dividend of ₹229 per share for its shareholders.
Global crude oil prices have soared to their highest levels since June 2022, nearing $115 per barrel, driven by escalating geopolitical tensions in the Middle East and supply concerns. This surge poses significant challenges for the Indian economy and could impact various market sectors.