Conference Call with SRF Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Speciality Chemicals company SRF announced consolidated Q1FY25 results: The consolidated revenue of the company increased 4% from Rs 3,338 crore to Rs 3,464 crore in Q1FY25 when compared with Corresponding Period Last Year (CPLY). The company’s Earnings before Interest and Tax (EBIT) decreased 19% from Rs 595 crore to Rs 484 crore in Q1FY25 when compared with CPLY. The company’s Profit after Tax (PAT) decreased 30% from Rs 359 crore to Rs 252 crore in Q1FY25 when compared with CPLY. The Chemicals Business reported a decline of 11% in its segment revenue from Rs 1,661 crore to Rs 1,482 crore during Q1FY25 over CPLY. The operating profit of the Chemicals Business decreased 33% from Rs 460 crore to Rs 306 crore in Q1FY25 over CPLY. The Packaging Films Business reported an increase of 22% in its segment revenue from Rs 1,095 crore to Rs 1,336 crore during Q1FY25 when compared with CPLY. The operating profit of the Packaging Films Business increased 69% from Rs 51 crore to Rs 87 crore in Q1FY25 over CPLY. The Technical Textiles Business reported an increase of 13% in its segment revenue from Rs 465 crore to Rs 525 crore during Q1FY25 over CPLY. The operating profit of the Technical Textiles Business increased 12% from Rs 61 crore to Rs 68 crore in Q1FY25 over CPLY. The Other Businesses reported an increase of 6% in its segment revenue from Rs 119 crore to Rs 126 crore in Q1FY25 when compared with CPLY. The board of directors approved, an interim dividend amounting to Rs 3.60 per share. Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “While this has been a weak quarter, it is on expected lines. We remain confident of a revival in the second half of this year.” Result PDF