Leading tyre maker MRF today posted a net profit of Rs 119.41 crore for the quarter ended December 31.
The company had a net loss of Rs 38.30 crore for the same period corresponding fiscal, MRF said in a filing to the Bombay Stock Exchange (BSE).
Shares of MRF were trading at Rs 5,825 on BSE, up 2.50 per cent from its previous close.