{"id":173228,"date":"2026-01-21T07:24:10","date_gmt":"2026-01-21T12:24:10","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=173228"},"modified":"2026-01-21T07:24:10","modified_gmt":"2026-01-21T12:24:10","slug":"srf-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/srf-q3-fy26-earnings-results\/","title":{"rendered":"SRF Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers.<\/p>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q3 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross Operating Revenue: \u20b93,712.5 crore, up 6.3% YoY from \u20b93,491.3 crore in Q3 FY25; up 1.99% QoQ from ~\u20b93,640 crore in Q2 FY26.<\/li>\n\n\n\n<li>Revenue from Operations: \u20b93,712.53 crore, up 6.35% YoY.\u200b<\/li>\n\n\n\n<li>EBIDTA: \u20b9847.5 crore, up 22.2% YoY from \u20b9693.4 crore; EBIDTA margin 22.8%.<\/li>\n\n\n\n<li>EBIT: \u20b9653 crore, up 23% YoY from \u20b9529 crore.<\/li>\n\n\n\n<li>Profit Before Tax (PBT): \u20b9451.7 crore, up 22.5% YoY from \u20b9368.7 crore.\u200b<\/li>\n\n\n\n<li>Profit After Tax (PAT): \u20b9432.7 crore, up 59.6% YoY from \u20b9271.1 crore.<\/li>\n\n\n\n<li>9M FY26 performance:\n<ul class=\"wp-block-list\">\n<li>Gross Operating Revenue: \u20b911,171.3 crore, up 7.6% YoY from \u20b910,379.7 crore.<\/li>\n\n\n\n<li>EBIDTA: \u20b92,528.3 crore, up 30.8% YoY.<\/li>\n\n\n\n<li>PAT: \u20b91,253.2 crore, up 72.9% YoY from \u20b9724.7 crore.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>Business Segments \u2013 Q3 FY26<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Chemicals Business:\n<ul class=\"wp-block-list\">\n<li>Revenue: \u20b91,824.8 crore, up 22.0% YoY.\u200b<\/li>\n\n\n\n<li>EBIT: \u20b9496.0 crore, up 36.4% YoY.\u200b<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Packaging Films Business:\n<ul class=\"wp-block-list\">\n<li>Revenue: 9M FY26 \u20b94,168.6 crore, up 0.7% YoY.\u200b<\/li>\n\n\n\n<li>EBIT: 9M FY26 \u20b9353.9 crore, up 36.2% YoY.\u200b<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Others (Coated &amp; Laminated Fabrics):\n<ul class=\"wp-block-list\">\n<li>Revenue: \u20b991.9 crore, down 9.1% YoY.\u200b<\/li>\n\n\n\n<li>EBIT: \u20b917.0 crore, up 8.3% YoY.\u200b<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management attributed <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/6f50d480-1802-40d5-b7df-bc8378b3cea8.pdf\" target=\"_blank\" rel=\"noopener\">strong profitability growth<\/a> to robust chemicals business momentum, with revenue up 22% and EBIT up 36% YoY, while packaging films showed resilience despite volume and pricing challenges from imports.<\/li>\n\n\n\n<li>PAT growth of 60% YoY was supported by operating leverage, cost efficiencies and favourable mix, even amid global headwinds in select segments.<\/li>\n\n\n\n<li>Strategic focus areas:\n<ul class=\"wp-block-list\">\n<li>Continued investment in chemicals capacity expansion and specialty products to capitalise on demand from EV, refrigeration and pharma intermediates.<\/li>\n\n\n\n<li>Operational optimisation in packaging films to counter import competition and improve competitiveness in BOPET\/BOPP.<\/li>\n\n\n\n<li>Sustaining R&amp;D and innovation to drive higher\u2011margin, sustainable products across the portfolio.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results-839x1024.png\" alt=\"\" class=\"wp-image-173229\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q2 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gross Operating Revenue: \u20b93,640 crore, up 6% YoY from \u20b93,424 crore in Q2 FY25.\u200b<\/li>\n\n\n\n<li>EBIT: \u20b9650 crore, up 56% YoY from \u20b9417 crore.\u200b<\/li>\n\n\n\n<li>Profit After Tax (PAT): \u20b9388 crore, up 93% YoY from \u20b9201 crore.<\/li>\n\n\n\n<li>H1 FY26: Revenue \u20b97,051 crore, up 6% YoY; PAT \u20b9750 crore, up 87% YoY.\u200b<\/li>\n<\/ul>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Management Commentary &amp; Strategic Directions \u2013 Q2 FY26<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management highlighted strong H1 performance with double\u2011digit PAT growth driven by chemicals and operational efficiencies, despite packaging films facing pricing pressures.<\/li>\n\n\n\n<li>Strategic emphasis on capacity expansion in high\u2011growth chemicals and cost discipline to sustain profitability momentum.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers. Q3 FY26 Earnings Results Business Segments \u2013 Q3 FY26 Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26 Q2 FY26 Earnings Results Management Commentary &amp; Strategic Directions \u2013 Q2 FY26 To view the company\u2019s previous earnings and latest [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":173229,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[9019],"class_list":["post-173228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-industrials","tag-specialty-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/SRF-Q3-FY26-Earnings-Results.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171841,"url":"https:\/\/alphastreet.com\/india\/srf-q2-fy26-earnings-results\/","url_meta":{"origin":173228,"position":0},"title":"SRF Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 27, 2025","format":false,"excerpt":"Incorporated in 1970, SRF Ltd manufactures and sells technical textiles, chemicals, packaging films, aluminum foils, and other polymers. Presenting below are its Q2 FY26 earnings results. \u00a0 Q2 FY26 Earnings Results Revenue from Operations: \u20b93,640 crore, up 6.4% YoY from \u20b93,420 crore in Q2 FY25. EBITDA: \u20b9774 crore, up 42%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"SRF Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/SRF-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":173202,"url":"https:\/\/alphastreet.com\/india\/rossari-biotech-q3-fy26-earnings-results\/","url_meta":{"origin":173228,"position":1},"title":"Rossari Biotech Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 20, 2026","format":false,"excerpt":"Rossari Biotech was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India. Their 3 main product categories are:- Home, personal care, and performance chemicals- Textile specialty chemical- Animal health and nutrition The company has two R&D facilities, one at Silvassa manufacturing facility and a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Rossari Biotech Q3 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Rossari-Biotech-Q3-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":173278,"url":"https:\/\/alphastreet.com\/india\/refex-industries-q3-fy26-earnings-results\/","url_meta":{"origin":173228,"position":2},"title":"Refex Industries Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 22, 2026","format":false,"excerpt":"Refex Industries Limited specializes in trading eco-friendly refrigerant gases and providing comprehensive solutions for responsible coal procurement and ash disposal. Q3 FY26 Earnings Results Revenue from Operations: \u20b9576.01 crore, down 16.0% YoY from \u20b9686.04 crore in Q3 FY25; up 37.2% QoQ from \u20b9419.88 crore in Q2 FY26. Total Income: \u20b9590.29\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Refex-Industries-Q3-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178938,"url":"https:\/\/alphastreet.com\/india\/clean-science-q3-fy26-earnings-results\/","url_meta":{"origin":173228,"position":3},"title":"Clean Science Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 2, 2026","format":false,"excerpt":"Executive Summary Clean Science & Technology Ltd reported Q3FY26 revenues of \u20b9185 crore, down 20.26% YoY, with consolidated net profit declining 29.73% to \u20b952 crore. 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Total research & manufacturing infrastructure for the company is spread across 1.9 million\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Syngene-Q3-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=173228"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173228\/revisions"}],"predecessor-version":[{"id":173230,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173228\/revisions\/173230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/173229"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=173228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=173228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=173228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}