MRF 's net profit rose by 40.4 percent year-on-year to Rs 210.6 crore in the second quarter of financial year 2012-13, sending shares 4 percent higher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 35.6 percent to Rs 444.2 crore from Rs 327.5 crore during the same period.
Operating profit margin improved by 440 basis points to 15.3 percent in January-March quarter 2013 as against 10.9 percent in a year ago period.
However, net sales fell by 3 percent year-on-year to Rs 2,904.8 crore in the quarter.
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