MRF Ltd. reported its Q2 results for FY25, revealing a 20% year-over-year decline in standalone profit after tax (PAT), which fell to ₹455 crore. Despite the drop in profit, the company experienced an 11% increase in revenue. MRF also declared a dividend of ₹3 per share. In related news, Ashok Leyland reported a 34% increase in PAT to ₹705.64 crore for the same quarter, attributed to lower costs that countered sluggish demand. Both companies have set record dates for their dividends, with MRF's announcement highlighting its ongoing efforts to meet shareholder expectations amid fluctuating market conditions.