SRF Q1FY24 Results: Consolidated PAT Down to Rs. 359.29 Cr

SRF Q1FY24 Results: Consolidated PAT Down to Rs. 359.29 Cr

SRF Q1 results show revenue fell from 3800.42 crores to 3350.14 crores, an 11.85% decrease in growth. EPS down from ₹18.97 to ₹12.12, down by 36.11%.

First, Let’s Begin with Quarter-on-Quarter Basis:

SRF shared its Q1 results on Monday. They earned 3350.14 crores in revenue this quarter, but that’s less than the 3800.42 crores they made last quarter. Unfortunately, the company’s growth decreased by 11.85 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 359.29 crores, down from 562.45 crores in the previous quarter. Their quarter-to-quarter growth decreased by 36.12 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹12.12, which is a decrease of 36.11% from the ₹18.97 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 3350.14 crores this year (2023), which is 14.20 percent lower than last year’s total revenue of 3904.57 crores.

This year’s PAT (Profit After Tax) is 359.29 crores, which is also 40.91% lower than last year’s PAT of 608.00 crores.

The EPS (Earnings Per Share) for this year is ₹12.12, which is 40.91% less than the EPS of ₹20.51 earned last year.

Also Read:

SRF Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About SRF:

SRF Limited is a prominent Indian conglomerate with diverse business interests in the chemicals sector. The company specializes in manufacturing industrial and specialty intermediates. Its wide-ranging portfolio includes fluorochemicals, specialty chemicals, packaging films, technical textiles, as well as coated and laminated fabrics.

Download the Full PDF of SRF Q1 Results: Click Here

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