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✦Reported by mint

MRF dividend 2026: India's most expensive ₹1.25 lakh stock but ₹3 in Q2; down 21% in 1 year - Record, payment date

MRF dividend 2026: India's most expensive ₹1.25 lakh stock but ₹3 in Q2; down 21% in 1 year - Record, payment date
Source: mint

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓MRF Limited declared an interim dividend of ₹3 per equity share for the financial year ending March 31, 2027.
  • ✓The company fixed Tuesday, November 17, 2026, as the record date.
  • ✓Payment starts on or after December 1, 2026.

Story at a Glance

Category
Indian Markets
Reported By
mint
Reading Speed
3 Minute(s)
Market Focus
India Economy

MRF Dividend: India's most expensive stock MRF Limited has declared an interim dividend of ₹3 per equity share for the financial year ending March 31, 2027, translating into a dividend payout of 30% on the face value of ₹10 per share.

The company has fixed Tuesday, November 17, 2026, as the record date to determine shareholders eligible to receive the interim dividend. The dividend will be paid on or after December 1, 2026.

The dividend announcement came alongside the company's September-quarter results, in which MRF reported a 28% year-on-year decline in net profit to ₹369 crore. Higher raw material costs weighed on its profitability, even as revenue from operations registered healthy growth during the July-September quarter. The company's total expenses increased at a faster pace than revenue, offsetting the benefit of resilient tyre demand.

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