SRF Net Profit Jumps to ₹271 crore in Q3 FY 2025

SRF Ltd., the leading chemical manufacturer, reported a rise in its consolidated net profit for the third quarter of fiscal year 2025.

The company’s net profit stood at ₹271 crore for the quarter ended December 31, 2024, according to an exchange filing on Wednesday. This is an increase from ₹253 crore reported in the same quarter the previous year and exceeds the consensus estimate of ₹235 crore.

Revenue and EBITDA Performance

SRF’s revenue for the quarter grew to ₹3,491 crore, up from ₹3,053 crore in the year-ago period. The company’s EBITDA (earnings before interest, taxes, depreciation, and amortization) increased to ₹620 crore compared to ₹566 crore in Q3 FY2024.

However, the EBITDA margin slightly decreased to 17.7% from 18.5% in the same period last year, though it remained above the estimate of 17.1%.

Dividend Announcement

In addition to the strong financial results, SRF announced that its board has approved a second interim dividend of ₹3.6 per share. The record date for the dividend is February 4, 2025, and the payment will be made to eligible shareholders on or before February 27, 2025. Notably, SRF had previously approved the same interim dividend rate of ₹3.6 per share on July 23, 2024.

Outlook for the Year

Commenting on the company’s quarterly performance, the SRF Chairman and Managing Director expressed optimism, stating, “We have seen a decent recovery this quarter. Building on the momentum, we expect to finish the year on a reasonably strong footing.”

SRF’s strong performance in Q3 FY2025 reflects the company’s resilience and adaptability in various market conditions, with promising prospects for the remainder of the fiscal year.

Stock Performance

On January 30, 2025, SRF share price traded 0.17% lower at ₹2,661.90 at 10:38 AM (IST). SRF’s share price reached a 52-week high of ₹2,731, and a 52-week low of ₹2,088.55. As per BSE, the total traded volume for the stock stood at 0.25 lakh shares with a turnover of ₹6.82 crore.

At the current price, SRF shares are trading at a price-to-earnings (P/E) ratio of 66.31x, based on its trailing 12-month earnings per share (EPS) of ₹40.21, and a price-to-book (P/B) ratio of 7.25, according to exchange data.

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