MRF - Q2FY13 Results - Microsec

MRF Ltd announced its Q2 FY13 results on 18th April 2013. The company's Standalone Net sales decreased by 3.95% and 2.89% on QoQ and YoY basis respectively. EBITDA increased by 10.20% and 36.33% on QoQ and YoY basis respectively.

EBITDA Margin of the company increased from 10.89% to 15.28% on YoY basis. Standalone PAT increased by 40.29% on YoY basis. The significant increase in margins is due to sharp decline in prices of rubber, a key input.

Source : Equity Bulls

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