MAM
ICC ropes in MRF Tyres as global partner in four-year deal
MUMBAI: The International Cricket Council (ICC) has roped in MRF Tyres as a global partner for ICC events for a period of four years from 2016 to 2020.
Over the next four years, the ICC events include eight tournaments, including the ICC World Twenty20 in 2016, an ICC Champions Trophy in 2017 and an ICC Cricket World Cup in 2019.
The ICC and MRF Tyres recently completed a partnership at the ICC Cricket World Cup 2015.
ICC CEO David Richardson said, “I am delighted that MRF Tyres has decided to continue its support of cricket by extending its partnership with the ICC for a further four years. Our aim at ICC events is to create an exceptional experience for all involved and I am confident that not only will MRF help us enhance that aim but that the forthcoming ICC events will help MRF promote its brand and expand its reach to other parts of the globe.”
“MRF is already an active promotor and supporter of cricket with a number of domestic and international fast bowlers benefitting from its MRF Pace Foundation. I am excited that MRF has elected to be cricket’s global partner and I am confident that this will be the start of a long relationship,” he added.
MRF Tyres chairman and managing director K M Mammen said, “This is a proud moment for MRF and this association is a testimony to our commitment to cricket. Twenty20 is the most popular form of the game today and it is a matter of great pride to be associated with the ICC World Twenty20 2016. Association with the ICC and the game of cricket presents a great opportunity for brand MRF to reach markets across the world. We are indeed proud to bring this thrill-a minute tournament to the millions of fans in India and all over the world.”
Also present at the announcement event at MRF Tyres headquarters in Chennai was former India captain and MRF brand ambassador Sachin Tendulkar.
Brands
Maruti Suzuki posts record FY26 profit of Rs 14,445 crore, dividend at Rs 140
Sales hit 24.22 lakh units as Q4 revenue crosses Rs 50,000 crore mark
NEW DELHI: Maruti Suzuki India Limited reported its highest-ever annual performance for FY2025-26, with record sales volumes, revenue and profit, alongside a dividend of Rs 140 per share.
The company posted net sales of Rs 1,74,369.5 crore for the full year, marking a 20.2 per cent increase over FY2024-25. Net profit stood at an all-time high of Rs 14,445.4 crore, up slightly from Rs 14,297.6 crore in the previous year.
Total sales for the year reached 24,22,713 units, compared to 22,34,266 units last year. Domestic sales accounted for 19,74,939 units, while exports rose sharply to 4,47,774 units from 3,32,585 units a year earlier. The company retained its position as India’s top passenger vehicle exporter for the fifth consecutive year, contributing 49 per cent of total exports.
Exports of the made-in-India e VITARA, the company’s first battery electric vehicle, expanded to 44 countries, highlighting its growing global footprint.
In the January to March quarter, Maruti Suzuki recorded its highest-ever quarterly sales of 6,76,209 units, an increase of 11.8 per cent year-on-year. Domestic sales stood at 5,38,994 units, while exports touched a record 1,37,215 units.
Quarterly net sales crossed the Rs 50,000 crore milestone for the first time, reaching Rs 50,078.7 crore, up from Rs 38,839.1 crore in the same quarter last year.
Operating profit, measured as EBIT, rose 30.4 per cent to Rs 4,409.2 crore, reflecting improved operating efficiency. However, net profit declined 6.9 per cent year-on-year to Rs 3,590.5 crore, primarily due to mark-to-market impacts.
The company said growth in the second half of the year was supported by a reduction in GST rates, which boosted demand in the domestic market. However, production constraints remained a challenge, with around 1,90,000 pending customer orders at the end of the year, including nearly 1,30,000 in the small car segment. Dealer inventory levels were also low, at about 12 days of stock.
During the year, Suzuki Motor Gujarat Private Limited was amalgamated into the parent company, effective 1 December 2025, with financials restated from 1 April 2025 for comparability.
The board recommended a dividend of Rs 140 per share, up from Rs 135 in FY2024-25, marking the highest payout in the company’s history.
With strong export momentum, improving domestic demand and continued capacity constraints, Maruti Suzuki enters FY27 balancing growth opportunities with supply-side challenges, even as it strengthens its position in both conventional and electric vehicle segments.
