Integrated Filing — IndAS

General information about company
Scrip Code	500290
NSE Symbol	MRF
MSEI Symbol	NOTLISTED
ISIN	INE883A01011
Name of company	MRF LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	07-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	30-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	The Company is dealing mainly in rubber products and has no other reportable segment
Start date and time of board meeting	07-May-2025   11:00:00
End date and time of board meeting	07-May-2025   12:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-06
Indicate Company website link for updated RPT policy of the Company	https://www.mrftyres.com/investor-relations/policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company has not made any defults on payment of Loans and Debts Securities during the period under review.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	69438400000	276652200000
	Other income	1114600000	4028600000
	Total income	70553000000	280680800000
2	Expenses
(a)	Cost of materials consumed	46797400000	183489700000
(b)	Purchases of stock-in-trade	69700000	281000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-2476100000	-6011000000
(d)	Employee benefit expense	4588500000	18315300000
(e)	Finance costs	781900000	2914300000
(f)	Depreciation, depletion and amortisation expense	4309700000	16474000000
(f)	Other Expenses
1	Other expenses	10031100000	41018500000
	Total other expenses	10031100000	41018500000
	Total expenses	64102200000	256481800000
3	Total profit before exceptional items and tax	6450800000	24199000000
4	Exceptional items	0	0
5	Total profit before tax	6450800000	24199000000
6	Tax expense
7	Current tax	1645000000	5978600000
8	Deferred tax	-172700000	-5100000
9	Total tax expenses	1472300000	5973500000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	4978500000	18225500000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	4978500000	18225500000
17	Other comprehensive income net of taxes	-189400000	-25100000
18	Total Comprehensive Income for the period	4789100000	18200400000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	42400000	42400000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		181716300000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1173.86	4297.31
	Diluted earnings (loss) per share from continuing operations	1173.86	4297.31
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	1173.86	4297.31
	Diluted earnings (loss) per share from continuing and discontinued operations	1173.86	4297.31
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		For notes, kindly refer corporate announcements

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	131081700000
	Capital work-in-progress	11664700000
	Investment property
	Goodwill	0
	Other intangible assets	205600000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	11556700000
	Trade receivables, non-current
	Loans, non-current	76100000
	Other non-current financial assets	287100000
	Total non-current financial assets	11919900000
	Deferred tax assets (net)	3292900000
	Other non-current assets	2648200000
	Total non-current assets	160813000000
2	Current assets
	Inventories	55393400000
	Current financial asset
	Current investments	34033300000
	Trade receivables, current	33021300000
	Cash and cash equivalents	2436100000
	Bank balance other than cash and cash equivalents	58500000
	Loans, current	49900000
	Other current financial assets	1912000000
	Total current financial assets	71511100000
	Current tax assets (net)
	Other current assets	3243500000
	Total current assets	130148000000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	290961000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	42400000
	Other equity	181716300000
	Total equity attributable to owners of parent	181758700000
	Non controlling interest
	Total equity	181758700000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3744300000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	7553100000
	Total non-current financial liabilities	11297400000
	Provisions, non-current	2848800000
	Deferred tax liabilities (net)	4565000000
	Deferred government grants, Non-current
	Other non-current liabilities	2426000000
	Total non-current liabilities	21137200000
	Current liabilities
	Current financial liabilities
	Borrowings, current	12121100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	285500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	39781900000
	Total Trade payable	40067400000
	Other current financial liabilities	4991600000
	Total current financial liabilities	57180100000
	Other current liabilities	27465000000
	Provisions, current	3420000000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	88065100000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	109202300000
	Total equity and liabilites	290961000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	39500000	14500000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	149900000	10600000
5	Total Other comprehensive income	-189400000	-25100000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			24199000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			2914300000
	Adjustments for decrease (increase) in inventories			-11786200000
	Adjustments for decrease (increase) in trade receivables, current			-4637000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-376900000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			10667200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-1191800000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			16474000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-812000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-6500000
	Adjustments for dividend income			2500000
	Adjustments for interest income			1072200000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-2107400000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-39000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			8024000000
	Net cash flows from (used in) operations			32223000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			5836100000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			26386900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			133000000
	Purchase of property, plant and equipment			12987400000
	Proceeds from sales of investment property			19620200000
	Purchase of investment property			28778600000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			276700000
	Cash receipts from repayment of advances and loans made to other parties			241100000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			2500000
	Interest received			972200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			500000
	Net cash flows from (used in) investing activities	-21073200000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			570000000
	Repayments of borrowings			1010000000
	Payments of lease liabilities			1806200000
	Dividends paid			848200000
	Interest paid			2155800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			15500000
	Net cash flows from (used in) financing activities			-5234700000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			79000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			1600000
	Net increase (decrease) in cash and cash equivalents			80600000
	Cash and cash equivalents cash flow statement at beginning of period			2355500000
	Cash and cash equivalents cash flow statement at end of period			2436100000