SRF Limited — Updates, 29-01-2025: Press Release

SRF Limited reported a 14% revenue growth to ₹3,491 crore and a 7% increase in profit after tax (PAT) to ₹271 crore for Q3FY25, compared to the same period last year. The chemicals sector saw a 7% rise in revenue, supported by strong domestic demand for refrigerants in the Fluorochemicals Business. Revenue for the Packaging Films Business surged 27%, with operating profit doubling to ₹90 crore, despite margin pressures from imports. Technical Textiles experienced an 11% revenue growth but faced a decline in operating profit due to weak demand in Belting Fabrics. The company's revenue for the first nine months of FY25 rose 8% to ₹10,380 crore, yet PAT decreased 21% to ₹725 crore. SRF maintains a strong innovation pipeline with 469 patents applied and continues to receive awards for its corporate communications and sustainability efforts. The outlook remains positive as the company anticipates a robust finish to the year, aided by ongoing demand recovery.