Specialty Chemicals company SRF announced Q4FY23 & FY23 results: Consolidated Q4FY23: Revenue of the company grew 6% from Rs 3,549 crore to Rs 3,778 crore in Q4FY23 when compared with Q4FY22 Earnings before Interest and Tax (EBIT) decreased 4% from Rs 876 crore to Rs 840 crore in Q4FY23 when compared with Q4FY22 Profit after Tax (PAT) decreased 7% from Rs 606 crore to Rs 562 crore in Q4FY23 when compared with Q4FY22 Consolidated FY23: In FY23, revenue increased 20% from Rs 12,434 crore to Rs 14,870 crore over FY22 EBIT increased 13% from Rs 2,835 crore to Rs 3,193 crore over FY22 PAT increased 14% from Rs 1,889 crore to Rs 2,162 crore over FY22 Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “It has been an excellent year for the company. Despite weakness in our Technical Textiles and Packaging Films Businesses due to cyclical reasons, we have seen the Chemicals Business deliver outstanding results. This shows the resilience of our Business model and I remain cautiously optimistic about the future.” Result PDF
Conference Call with SRF Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.