This is marginally lower compared to the ₹502 crore it reported in the corresponding quarter the previous year. Combating pricesThe profitability was mainly affected by higher input costs. Cost of materials during the the quarter stood at Rs 5,854 crore, compared with Rs 4,623 crore in the year-ago period. To mitigate the impact, MRF took on price increases and cost-management measures, it said. The impact of higher costs on margins is expected to continue,” the statement added.