MRL Ltd declared dividend on Thursday 3 per share as standalone net profit fell 71% 146 crore during the December quarter. that was 511 crore in the corresponding quarter of last year.
The company has fixed February 18 as the record date for the purpose of payment of the second interim dividend. The declared second interim dividend will be paid on or after March 4.
The Board of the Company has also approved the reappointment of Rahul Mammon Mappillai as Managing Director for a period of 5 years with effect from February 4.
Shares of MRF were down 0.73% in Thursday’s afternoon deals 69,914.95 each on NSE.
Revenue from operations, however, up 6% 4,830 crore for the quarter under review 4,566 crore in the same quarter last year.
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