SRF's Q2 FY 2026-27 Quarterly Results

Result Summary

• SRF Ltd reported a 2.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 34.5%.
• Its expenses for the quarter were up by 4.2% QoQ and 35.2% YoY.
• The net profit decreased 32.9% QoQ and increased 31.2% YoY.
• The earnings per share (EPS) of SRF Ltd stood at 17.18 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

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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 diversified chemical conglomerate that operates in industries such as chemicals, packaging films, technical textiles, and engineering plastics. The company has a significant presence in both domestic and international markets. Known for its manufacturing capabilities, SRF Ltd provides a range of products including industrial and specialty chemicals, a variety of packaging solutions, and technical textiles used in various applications. As of the latest update, SRF Ltd has been focusing on expanding its capacity and diversifying its product portfolio to strengthen its market position. However, specific recent developments beyond the scope of this report are not available.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), SRF Ltd reported a total income of ₹4929.14 crores. This represents a quarter-over-quarter (QoQ) decline of 2.7% compared to the first quarter of fiscal year 2027 (Q1FY27), where the total income was ₹5067.17 crores. However, on a year-over-year (YoY) basis, there was a significant increase of 34.5%, as the total income for the second quarter of fiscal year 2026 (Q2FY26) was ₹3665.90 crores. This indicates that despite a slight decline in revenue on a QoQ basis, the company has achieved substantial growth in its revenue compared to the previous year.

Profitability

During Q2FY27, SRF Ltd recorded a profit before tax (PBT) of ₹671.04 crores, which marks a decline of 31.5% on a QoQ basis from ₹979.15 crores in Q1FY27. Despite this decrease, the PBT reflects a YoY growth of 29.8% from ₹517.05 crores in Q2FY26. The profit after tax (PAT) for Q2FY27 was ₹509.12 crores, down by 32.9% from ₹758.87 crores in Q1FY27. Nevertheless, this also shows a YoY increase of 31.2% from ₹388.18 crores in Q2FY26. The earnings per share (EPS) in Q2FY27 was ₹17.18, which is a decline of 32.9% from the previous quarter's EPS of ₹25.60, yet an increase of 31.1% from the EPS of ₹13.10 in Q2FY26.

Operating Metrics

Total expenses for SRF Ltd in Q2FY27 amounted to ₹4258.10 crores, showing an increase of 4.2% compared to ₹4088.02 crores in Q1FY27. On a YoY basis, the total expenses increased by 35.2% from ₹3148.85 crores in Q2FY26. The tax expenses for Q2FY27 were ₹161.92 crores, which decreased by 26.5% from ₹220.28 crores in Q1FY27, but increased by 25.6% from ₹128.87 crores in Q2FY26. These financial metrics indicate changes in the operating costs and tax liabilities of the company over the given period.