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Shares of one of India's highest-valued equities, MRF Ltd, climbed as much as 4.8% on Wednesday to Rs 1,41,505 on the BSE after the tyre maker posted a 31% year-on-year surge in fourth-quarter net profit and declared a final dividend of Rs 229 per share.The stock ended Wednesday's session 4.23% higher at Rs 1,40,670.75 on the BSE. The tyre maker reported a net profit of Rs 498 crore for the quarter ended March 2025, compared to Rs 380 crore in the same period a year earlier. Revenue from operations rose 12% during the March quarter to Rs 6,944 crore, up from Rs 6,215 crore in the year-ago quarter.Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 18% to Rs 1,043 crore during the quarter. The EBITDA margin for the March quarter expanded to 15%, indicating improved operating efficiency.Dividend detailsAlongside its results, the company announced a final dividend of Rs 229 per share for FY25, equivalent to 2290% on the face value of Rs 10. This takes the total dividend payout for the fiscal year to Rs 235 per share, including two interim dividends of Rs 3 each that were paid earlier in the year.Despite the steep payout, MRF’s dividend yield remains modest at 0.15%, based on its prevailing stock price of around Rs 1,40,000, according to Trendlyne data.The last dividend paid by MRF was Rs 3 per share, with a record date of February 14, 2025. A similar interim dividend was declared earlier with a record date of November 19, 2024.Also read | MRF Q4 Results: Co announces dividend of Rs 229 per share as PAT jumps 31% YoYMRF is India’s largest tyre manufacturer and among the top tyre makers globally. The company offers a broad range of tyres across segments—from passenger cars and trucks to motorcycles and agricultural vehicles. It has also diversified into conveyor belts, paints, and sports goods over the years.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

1. Mock drills to be held at 6 locations in Pune instead of 3 today: officials  The Indian Express
2. 15 lakh people across nation join hands to test and enforce safety measures  Times of India
3. Mock drills conducted in 5 M.P. districts; BJP, Congress praise Armed Forces  The Hindu
4. India blackout mock drill: Delhi, Mumbai, other cities to switch off lights — how's it conducted? Check timings, areas  Mint
5. Watch: Rajasthan's Golden Jaisalmer Fort Goes Dark During Mock Drill  NDTV

1. Government defends National Insurance exemption in UK-India deal  BBC
2. UK PM Starmer says British workers not sold out in India trade deal after Opposition complains about concessions  The Indian Express
3. UK-India FTA: Scotch whisky prices may remain high despite tariff cut  Mint
4. Reduced tariffs under India-UK FTA will strengthen textile sector: Experts  Times of India
5. Som Distilleries, other liquor stocks tumble up to 5% as India-UK FTA slashes scotch whisky tariffs  The Economic Times

1. Chandni Sharma CONFIRMS quitting Jhanak after the 20 year leap: 'Until we play..'  India Forums
2. Exclusive! Kajal Pisal: Jhanak to take a 20-year generational leap, replacing the current cast  Times of India
3. Jhanak New Heroine Name: Kanwar Dhillon’s Co-Star Confirms REJECTING Offer To Replace Hiba Nawab After Leap  Filmibeat
4. Jhanak: Hiba Nawab And Krushal Ahuja Starrer To Take A Leap Of 20 Years, Lead Actors To Be Replaced  Free Press Journal
5. Jhanak: Hiba Nawab to be replaced by THIS Pandya Store actress post leap?  Bollywood Life

1. Microsoft adds AI assistant to Windows 11 settings  Digital Watch Observatory
2. Introducing a new generation of Windows experiences  Windows Blog
3. Microsoft Will Soon Bring A New Start Menu And AI Agents With Windows 11 Update- News18  News18
4. Microsoft introduces agentic AI experience for Copilot Plus PCs: What's new  Business Standard
5. Windows 11 gets AI boost with new Start Menu and Copilot+ features  Business Today

1. Well-preserved fossil of pregnant ichthyosaur reveals iguanas floated 5000 miles across Pacific  Moneycontrol
2. Meet Fiona, The Pregnant Icthyosaur Fossil  Science Friday
3. Ancient Iguanas Floated 5,000 Miles Across The Pacific | A Pregnant Icthyosaur Fossil | Science Friday  WNYC Studios | Podcasts
4. This Unexpected Animal "Rafted" Thousands Of Miles From North America To Fiji  TheTravel
5. Scientists Uncover Shockingly Well-Preserved Pregnant Ichthyosaur Fossil  Indian Defence Review

Operation Sindoor: Over 200 Flights Cancelled, 18 Airports Temporarily Closed For Operations  NDTVView Full coverage on Google News

Electric two-wheeler maker Simple Energy plans to raise about Rs 3,000 crore through initial public offering by FY27 to fund its market expansion, new manufacturing unit, and R&D, according to its Founder and CEO Suhas Rajkumar. The company is stepping up its network expansion from the current 15 stores and 15 service centers to have 500 touchpoints in the next two years to grow its revenue multi-fold ahead of the initial public offering (IPO), Rajkumar told PTI. The Bengaluru-based electric vehicle (EV) startup has set an ambitious target of clocking USD 96 million (Rs 800 crore) in revenue in FY26 with an aim to cross USD 180 million (Rs 1,500 crore) in cumulative revenue over the next 18 months. Simple Energy had clocked Rs 40 crore revenue in FY25, he said. "After spending seven years in the industry, we are looking at an IPO in FY27. The reason we are trying to plan an IPO in FY27 is driven by our growth in last year," Rajkumar said. Elaborating, he said, "By Q2 or Q3 of FY27, we are looking to raise about USD 350 million -- about Rs 3,000 crore odd -- that is our plan. We are trying to raise this money for two specific things. Of course, R&D is the core of our company but apart from that, we have plans of expanding from some 150 odd stores to roughly about 500 stores in the next two years," Rajkumar further said, "We also want to invest in our manufacturing capacities to meet the demand that we will be creating yet. This is where our focus lies." At present, the company's facility at Hosur in Tamil Nadu has an annual capacity of 3 lakh units, he said, adding "We want to double that capacity post-listing". As the current factory cannot accommodate the expansion, the company will have to look at a new place, he said, adding "but whether we will continue in the same location or look at some other place depends on our business office's call, depending on how the commercials are working out for us as a business ". In terms of sales, Rajkumar said, "In FY25, we did about 4,000 odd scooters, and in FY26, we are looking at about 55,000 scooters in sales." With a growing presence in key states such as Karnataka, Maharashtra, Goa, Andhra Pradesh, Telangana, and Kerala, Simple Energy said it aims to achieve cumulative sales of 1 lakh EVs before the IPO.

1. 'Canada largest client of US': Mark Carney fact-checks Donald Trump in first meeting at White House  Times of India
2. Trump’s Oval Office meeting with Carney didn’t reach Zelensky-level tension. But it wasn’t all neighborliness  CNN
3. "Never Say Never": Trump To Carney's Canada Will "Never Be For Sale" Remark  NDTV
4. 'A transformational president' - how Carney flattered Trump to defuse 51st state row  BBC
5. Trump, Carney faceoff in Oval Office leaves gaping differences on tariffs, 51st state  The Hindu