SRF Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- SRF Ltd reported a 2.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.9%.
- Its expenses for the quarter were down by 0.4% QoQ and up 16.1% YoY.
- The net profit increased 34.6% QoQ and increased 7.0% YoY.
- The earnings per share (EPS) of SRF Ltd stood at 9.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3530.95 | 3457.63 | 3071.79 | 2.1% | 14.9% |
Total Expenses | 3162.25 | 3173.97 | 2723.47 | -0.4% | 16.1% |
Profit Before Tax | 368.70 | 283.66 | 348.32 | 30.0% | 5.9% |
Tax | 97.62 | 82.24 | 94.89 | 18.7% | 2.9% |
Profit After Tax | 271.08 | 201.42 | 253.43 | 34.6% | 7.0% |
Earnings Per Share | 9.20 | 6.80 | 8.60 | 35.3% | 7.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SRF Ltd is a leading Indian multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The company operates in diverse sectors including Technical Textiles, Chemicals, and Packaging Films. SRF Ltd has a significant presence in both domestic and international markets. The company's product portfolio is extensive, catering to several industries such as automotive, pharmaceutical, and infrastructure. As of the latest data available up to October 2023, there are no specific recent major developments about SRF Ltd, but the company is known for its continuous focus on innovation and sustainability in its operations.
Revenue
For the third quarter of the fiscal year 2025, SRF Ltd reported a total income of ₹3,530.95 crores. This represents a quarter-over-quarter increase of 2.1% compared to the ₹3,457.63 crores recorded in the previous quarter, Q2FY25. Year-over-year, the revenue saw a significant growth of 14.9% from ₹3,071.79 crores in Q3FY24. This consistent increase in revenue suggests a strong upward trajectory in the company's sales performance over the past year.
Profitability
SRF Ltd's profitability improved substantially in Q3FY25. The company reported a profit before tax of ₹368.70 crores, marking a 30.0% increase from ₹283.66 crores in Q2FY25 and a 5.9% increase from ₹348.32 crores in Q3FY24. The profit after tax for Q3FY25 was ₹271.08 crores, which is a 34.6% rise quarter-over-quarter from ₹201.42 crores in Q2FY25, and a 7.0% increase year-over-year from ₹253.43 crores in Q3FY24. Earnings per share rose to ₹9.20, representing a 35.3% QoQ increase and a 7.0% YoY increase. The company's profitability metrics indicate strong financial performance in the latest quarter.
Operating Metrics
SRF Ltd's total expenses for Q3FY25 amounted to ₹3,162.25 crores, a slight decrease of 0.4% from ₹3,173.97 crores in Q2FY25, but still a 16.1% increase from ₹2,723.47 crores in Q3FY24. The tax expense for Q3FY25 was ₹97.62 crores, reflecting an increase of 18.7% from the previous quarter's ₹82.24 crores and a 2.9% increase from the ₹94.89 crores a year ago in Q3FY24. The data indicates efficient cost management, resulting in a reduction in total expenses from the previous quarter while maintaining a year-over-year growth in profitability. The financial ratios and other operational metrics are not provided in the data, hence cannot be computed.
