SRF Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022.
Q2 Results- QoQ
The company’s net profit declined 20.9% to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 6.08 billion for the previous quarter.
Net sales dropped 3.7% to Rs 37.61 billion during the period ended Sept 30, 2022 as compared to Rs 39.05 billion during the previous quarter.
Q2 Results- YoY
The company reported 25.8% growth in net profit to Rs 4.81 billion for the period ended Sept 30, 2022 as against net profit of Rs 3.82 billion for the prior-year quarter.
Net sales increased 31.9% to Rs 37.61 billion during the period ended Sept 30, 2022 as compared to Rs 28.5 billion during the prior-year quarter.
H1 Results- YoY
The company reported 40% growth in net profit to Rs 10.88 billion for the period ended Sept 30, 2022 as against net profit of Rs 7.77 billion for the prior-year 1st half period.
Net sales increased 37.78% to Rs 76.65 billion during the period ended Sept 30, 2022 as compared to Rs 55.63 billion during the the 6 months period last year.
SRF Limited is a leading player in the Indian chemicals sector engaged in the manufacture and sale of fluorochemicals, specialty chemicals, packaging films, technical textiles, coated and laminated fabrics.