<p>New Delhi: Tyre maker MRF Ltd on Friday reported a four-and-half fold rise in consolidated profit from continuing operations at Rs 586.66 crore in the second quarter ended September 30, driven by higher revenue and fall in raw material costs.</p>.<p>The company had posted a consolidated profit from continuing operations of Rs 129.86 crore in the same quarter last fiscal, MRF Ltd said in a regulatory filing.</p>.<p> Consolidated revenue from operations in the quarter under review stood at Rs 6,217.1 crore, as against Rs 5,826.3 crore in the year-ago period, it added.</p>.<p> The company said cost of materials consumed during the second quarter was lower at Rs 3,748.9 crore, as compared to Rs 4,161.18 crore in the corresponding period last fiscal.</p>.<p> Total expenses were also lower at Rs 5,497.21 crore, as against Rs 5,729.82 crore in the same period a year ago, MRF said. </p>
<p>New Delhi: Tyre maker MRF Ltd on Friday reported a four-and-half fold rise in consolidated profit from continuing operations at Rs 586.66 crore in the second quarter ended September 30, driven by higher revenue and fall in raw material costs.</p>.<p>The company had posted a consolidated profit from continuing operations of Rs 129.86 crore in the same quarter last fiscal, MRF Ltd said in a regulatory filing.</p>.<p> Consolidated revenue from operations in the quarter under review stood at Rs 6,217.1 crore, as against Rs 5,826.3 crore in the year-ago period, it added.</p>.<p> The company said cost of materials consumed during the second quarter was lower at Rs 3,748.9 crore, as compared to Rs 4,161.18 crore in the corresponding period last fiscal.</p>.<p> Total expenses were also lower at Rs 5,497.21 crore, as against Rs 5,729.82 crore in the same period a year ago, MRF said. </p>