MRF Dividend, Nov. 10 -- India's most expensive stock MRF Limited has declared an interim dividend of Rs.3 per equity share for the financial year ending March 31, 2027, translating into a dividend payout of 30% on the face value of Rs.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 Rs.369 crore. Higher raw material costs weighed on its profitability, even as revenue from operations registered healthy growth during the July-September q...