MRF Q3 PROFIT SKIDS TO `279 CR

MRF reported 18 per cent decline in standalone net profit at `279.26 crore, hit by increase in overall expenses during the period.

The company had reported a net profit of `340.51 crore.

Revenue from operations however rose to `4,033.76 crore as compared with

`3,798.82 crore, MRF said in a statement.

Total expenses in the third quarter 2018-19 increased to `3,750.25 crore from

`3,331.14 crore.