SRF Q1 Results : Speciality Chemical manufacturer SRF Ltd. has announced the results of its June quarter on Wednesday, 23 July which has been mixed contrary to the expectations of analysts. But the company’s results are good on an annual basis. The company’s income rose by 10.3 percent compared to the same quarter last year ₹3,819.6 It has been crores. Whereas, CNBC-TV18 Has it ₹4,091 Was estimated to be on crores of rupees.
Company in the first quarter Ebitda On an annual basis 37.8 Percentage up 831 It has been crores of rupees. it 832 It is only around an estimate of crores of rupees. Likely Ebitda Margin 4.3 percent gained on an annual basis 21.7 Has been at percentage. However, its 20.3 It was estimated to be at the percentage.
Profit 71.5 Percentage increased
In the first quarter SRF Profit on an annual basis 71.5 Percentage up 432 It has been crores of rupees. Company in the first quarter of last year 252 There was a profit of crores of rupees. Financial cost reduction and Forex Gaon Has contributed significantly to the increase in profits.
SRF The chemical business has gained 24 per cent compared to the previous year, while its Operating Profit 64 percent Growth Hui. Speciality Constant in chemical business Growth Getting to be seen. Whereas Fluorochemicals Business Refrigerant From high gas prices Support Has found Company Performance Films And Fools Business rose 6 percent on year-to-year basis ₹1,336 It has been crores of rupees.
Board approves expansion plan
SRF He also told yes that he is in Gujarat Dahej In Egroicomell Will install a production unit for production of. Proposed capacity expansion Product Mix Will be done on the basis of. Company for this ₹250 Will invest crores. For this expansion, money will be arranged through the company’s internal sources and loans.
Company board in Indore BOPP An investment of Rs 490 crore has also been approved to set up a film production unit, which will be ready in the next 24 months.
Interim Dividend’s announcement
SRF Board of interim of Rs 4 per share Dividend Has also approved and for this Record The date has been fixed on Tuesday, July 29.