ALPHA TRIBE

SRF LimitedImportant, 29-01-2025: Financial Result Updates

29-01-2025 | 03:55 pm

**Consolidated Financial Summary**

Revenue from operations for the quarter ended December 31, 2024, reached ₹3,491.31 crore, reflecting a year-over-year increase of approximately 14.36%. This growth is primarily driven by higher sales in the Chemicals and Packaging Film segments, which saw robust demand as markets expanded.

Net profit for the period stands at ₹271.08 crore, a decrease from the previous year's ₹253.43 crore, translating to basic EPS of ₹9.15 (down from ₹8.55). The decline in profitability is attributed to rising material costs and operational expenses, despite revenue growth. Total expenses rose to ₹3,162.25 crore, a 16.12% increase compared to the prior year, largely due to increased costs in material consumption and employee benefits, which grew by 14.59% and 6.91% respectively.

On the balance sheet, total assets reached ₹21,386.25 crore with a corresponding net worth of ₹12,117.04 crore, indicating strong financial health. The debt equity ratio remains moderate at 0.45, suggesting manageable leverage levels.

Strategically, the company appears focused on enhancing operational efficiencies while navigating cost challenges. With a relatively stable outlook and industry position, investor sentiment remains positive.

In light of these financial results, a buy insight is warranted considering the company's growth trajectory, albeit closely monitoring cost-management strategies moving forward.

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