SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Audio recording of the Earnings call held on 10th May 202311-05-2023
11-05-2023
SRF Results Earnings Call for Q4FY23
Conference Call with SRF Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.10-05-2023
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In Compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find attached herewith copies of Audited results published in Business Standard (English) and Jansatta (Hindi) newspaper. Copies of said advertisement are also available on the website of the Company at www.srf.com Request to kindly take this intimation on record.10-05-2023
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation of our letter dated 06th May, 2023 informing about hosting of earning call to discuss audited financial results for quarter and year ended 31st March, 2023, please find enclosed Investors presentation, of the same for your reference and record. The same is also available on the Company's website i.e. www.srf.com10-05-2023
SRF to set up aluminium foil manufacturing unit
SRF Ltd to incorporate SRF Altech into new aluminium foil manufacturing facility09-05-2023
SRF LTD. - 503806 - Re-Appointment Of M/S B S R & Co., LLP, Chartered Accountants As Statutory Auditors
This is to inform you that the Board of Directors of SRF Limited at their meeting held today i.e. May 09, 2023 had re-appointed M/s B S R & Co., LLP, Chartered Accountants (Firm Registration No. 101248W/ W-100022) as Statutory Auditors of the Company for second term of five years commencing from F.Y. 2023-24, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 a brief profile of M/s B S R & Co., LLP, Chartered Accountants is enclosed herewith. Request you to kindly take the same on record and acknowledge.09-05-2023
SRF LTD. - 503806 - Update On Capital Expenditure Proposal Approved By The Board
This is in continuation of our letter dated January 25, 2022 intimating the approval of the Board to set up a facility to manufacture aluminium foil at an estimated cost of Rs. 425 Crores and our letter dated March 17, 2022 intimating incorporation of SRF Altech Limited, a wholly owned subsidiary of the Company for setting up the manufacturing facility for the above purpose. We wish to inform you that cost of the project for setting up the above facility is likely to increase to Rs. 530 Crores. This is due to changes being made to the machine configuration to enhance output, product portfolio, and quality along with some increase in civil and preoperative expenses. The overall feasibility is expected to remain the same.09-05-2023
SRF posts 7% fall in profit on packaging margin hit in Jan-Mar quater
Consolidated net profit after tax stood at 5.62 billion rupees ($68.7 million) for the three months ended March 31, compared with 6.06 billion rupees a year earlier09-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for SRF Ltd.
Specialty Chemicals company SRF announced Q4FY23 & FY23 results: Consolidated Q4FY23: Revenue of the company grew 6% from Rs 3,549 crore to Rs 3,778 crore in Q4FY23 when compared with Q4FY22 Earnings before Interest and Tax (EBIT) decreased 4% from Rs 876 crore to Rs 840 crore in Q4FY23 when compared with Q4FY22 Profit after Tax (PAT) decreased 7% from Rs 606 crore to Rs 562 crore in Q4FY23 when compared with Q4FY22 Consolidated FY23: In FY23, revenue increased 20% from Rs 12,434 crore to Rs 14,870 crore over FY22 EBIT increased 13% from Rs 2,835 crore to Rs 3,193 crore over FY22 PAT increased 14% from Rs 1,889 crore to Rs 2,162 crore over FY22 Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “It has been an excellent year for the company. Despite weakness in our Technical Textiles and Packaging Films Businesses due to cyclical reasons, we have seen the Chemicals Business deliver outstanding results. This shows the resilience of our Business model and I remain cautiously optimistic about the future.” Result PDF09-05-2023