New Delhi: Tyre maker MRF on Thursday posted over two-fold increase in its net profit to 260.74 crore for the first quarter ended 30 June.

The company had reported a net profit of 106.53 crore for the same period previous fiscal.

Revenue from operations stood at 3,855.55 crore for the quarter. It was 3,971.76 crore during the April-June period of 2017-18, MRF said in a regulatory filing.

Shares of the company today ended 1.73% down at 75,499.90 apiece on the BSE