X

SRF Ltd Q1FY24; 41% fall in Profits

Established in 1970, SRF Limited is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles and Coated and Laminated Fabrics.

Financial Results:

SRF Ltd reported Revenues for Q1FY24 of ₹3,338.00 Crores down from ₹3,895.00 Crore year on year, a fall of 14.3%.

Total Expenses for Q1FY24 of ₹2,865.00 Crores down from ₹3,063.00 Crores year on year, a fall of 6.46%.

Consolidated Net Profit of ₹359.00 Crores down 40.95% from ₹608.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.12, down 40.91% from ₹20.51 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post