May 3, 2018 / 8:39 AM / 17 days ago

BRIEF-India's MRF March-Qtr Profit From Cont Ops Up 20.4 Pct

May 3 (Reuters) - MRF Ltd:

* MARCH QUARTER PROFIT FROM CONTINUING OPERATIONS 3.45 BILLION RUPEES VERSUS PROFIT OF 2.87 BILLION RUPEES LAST YEAR

* RECOMMENDED FINAL DIVIDEND OF 54 RUPEES PER SHARE

* MARCH QUARTER REVENUE FROM OPERATIONS 38.65 BILLION RUPEES VERSUS 37.13 BILLION RUPEES LAST YEAR

* SAYS APPROVED ISSUE OF NCDS WORTt UP TO 5 BILLION RUPEES VIA PRIVATE PLACEMENT BASIS

* "ESCALATION IN THE COST OF CRUDE BASED INPUTS REMAINS A CONCERN AND WILL ADD PRESSURE TO THE BOTTOM-LINE" Source text - bit.ly/2HKWeJL Further company coverage:

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