MRF Announces Final Dividend of Rs 229 Per Share: Check Record Date and Board Meeting Schedule for FY 2024–25

Madras Rubber Factory (MRF), renowned as India's highest-priced stock, has released key updates regarding its final dividend, record date, and the upcoming 64th Annual General Meeting (AGM) for the financial year 2024-25. The company, a leading player in the Indian tyre manufacturing industry, continues to showcase strong financials and maintain shareholder value through consistent dividend distribution.

MRF Final Dividend of Rs 229 per Share; Check Record Date

MRF has fixed 18th July 2025, as the record date for determining the eligibility of shareholders entitled to receive the final dividend. As per standard practice, shareholders must be listed in the company's register by this date to qualify for the dividend payout.

The final dividend for FY 2024-25 has been recommended at Rs 229 per equity share of Rs 10 each, translating to a remarkable 2,290% dividend on face value. The dividend payment date is scheduled for 18th August 2025.

This is in addition to the two interim dividends of Rs 3 each (30%) per share that were already declared and disbursed earlier during the financial year. Thus, the total dividend for FY 2024-25 stands at Rs 235 per share, amounting to a cumulative 2,350% payout on the face value of Rs 10.

MRF Annual Board Meeting in August

In a regulatory filing, MRF announced that its 64th Annual General Meeting will be held on Thursday, 7th August 2025, via video conferencing (VC) or other audio-visual means (OAVM). This virtual format complies with the latest circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), allowing shareholders to participate remotely in the company's annual governance discussions.

MRF Q4 Results 2025: Robust Growth Across Financial Metrics

In its Q4 earnings report released on 7th May 2025, MRF reported strong year-on-year growth across profit and revenue metrics. The company recorded a consolidated profit from continuing operations of Rs 512.11 crore for the quarter ended 31st March 2025, marking an increase of 29.2% over the Rs 396.11 crore reported in the same quarter last year.

The net profit attributable to shareholders stood at Rs 492.74 crore, reflecting a solid 33% year-on-year increase compared to Rs 370.52 crore in the corresponding period of the previous fiscal.

MRF's revenue from operations for the quarter reached Rs 7,074.82 crore, up 11.4% from Rs 6,349.36 crore in Q4 FY24.

MRF Operational Highlights: Improved EBITDA and Margins

From an operational standpoint, MRF delivered a notable performance. The company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) surged 17.8% year-on-year to Rs 1,043 crore, as against Rs 885 crore in Q4 FY24.

The operating margin also improved to 15%, compared to 14.3% recorded during the same period last year. This improvement in profitability was likely driven by better cost management, product mix optimisation and stable input costs.