MRF Limited (MRF)
Details attached
Updates on ongoing tax litigations for AY 2015-16 and AY 2016-17 disclosed. Appeals filed with Income Tax Appellate Tribunal involving Rs 89.62 Cr and Rs 92.46 Cr respectively. Tribunal allowed appeals on major grounds and remanded remaining issues for fresh verification. Tax demand reduced to Nil following Tribunal decisions.
Source: Original filing PDF
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🚨 MRF — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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