SRF Consolidated March 2022 Net Sales at Rs 3,549.42 crore, up 36.12% Y-o-Y
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SRF LTD. - 503806 - Capital Expenditure Proposal Approved By The Board
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held on May 09, 2022 has approved project for dedicated facilities to produce intermediates for Agrochemicals in the New Plant Structure at Dahej at a cost of Rs. 1 1 5 Crores. Information as required under the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed09-05-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Change in Directorate
we wish to inform you that the Board of Directors have at its meeting held today i.e. May 09, 2022, inter alia, approved: a. Appointment of Mr. Raj Kumar Jain ( D I N : 01741527) as additional Director (Independent), based on the recommendation of the Nomination and Remuneration Committee of the Company for a term of 5 years with effect from May 9, 2022, subject to the approval of the Members of the Company at the forthcoming annual general meeting. b. Noted resignation of Mr Vellayan Subbiah (DIN: 01138759) as an Independent Director of the Company from the closing of business hours of May 09, 2022. c. Approved the appointment of Mr Vellayan Subbiah (DIN: 01138759) as an Additional Non Executive Non-Independent Director of the Company liable to retire by rotation with effect from May 10, 2022, based on the recommendation of the Nomination and Remuneration Committee of the Company, subject to the approval of the Members of the Company at the forthcoming annual general meeting09-05-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Resignation of Director
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") read with Part A of Schedule I l l of the Listing Regulations, we wish to inform you that the Board of Directors have at its meeting held today i.e. May 09, 2022, inter alia, approved: b. Noted resignation of Mr Vellayan Subbiah (DIN: 01138759) as an Independent Director of the Company from the closing of business hours of May 09, 2022. (Letter Enclosed)09-05-2022
Q4FY22 Quarterly Result Announced for SRF Ltd.
SRF declares Q4FY22 result: The consolidated revenue of the company grew 36% from Rs 2,608 crore to Rs 3,549 crore in Q4FY22 when compared with Corresponding Period Last Year (CPLY). The company’s Earnings before Interest and Tax (EBIT) increased 52% from Rs 575 crore to Rs 876 crore in Q4FY22 when compared with CPLY. The company’s Profit after Tax (PAT) increased 59% from Rs 381 crore to Rs 606 crore in Q4FY22 when compared with CPLY. The Chemicals Business reported an increase of 36% in its segment revenue from Rs 1,153 crore to Rs 1,572 crore during Q4FY22 over CPLY. The operating profit of the Chemicals Business increased 83% from Rs 275 crore to Rs 504 crore in Q4FY22 over CPLY. During the quarter, the Fluorochemicals Business performed very well on account of higher sales realizations from the refrigerants and chloromethanes segments, in both the domestic and exports markets. We believe that this trend is likely to continue. Furthermore, strong demand for flagship products and downstream derivatives augured well for the Specialty Chemicals Business. Continued focus on cost reduction initiatives through process improvement and optimization of asset utilization in both segments of the Chemicals Business contributed to the overall growth. The Packaging Films Business reported an increase of 42% in its segment revenue from Rs 980 crore to Rs 1,390 crore during Q4FY22 when compared with CPLY. The operating profit of the Packaging Films Business increased 26% from Rs 219 crore to Rs 276 crore in Q4FY22 over CPLY. The demand for both BOPET and BOPP films remained buoyant. The Business performed exceedingly well in the overseas markets, and we gained from higher volumes from our recent capitalizations of the BOPET plant in Hungary and BOPP plant in Thailand. The Technical Textiles Business reported an increase of 24% in its segment revenue from Rs 401 crore to Rs 497 crore during Q4FY22 over CPLY. The operating profit of the Technical Textiles Business increased 26% from Rs 73 crore to Rs 91 crore in Q4FY22 over CPLY. The Business witnessed significant growth in the Belting Fabrics and the Polyester Industrial Yarn segments, partially offsetting the weak demand for Nylon Tyre Cord Fabrics during the quarter. Result PDF09-05-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose a copy of the Press Release issued by the Company as on the date of Board Meeting i . e . 09th May, 2022 on the performance of the Company.09-05-2022
SRF LTD. - 503806 - Audited Financial Results (Standalone & Consolidated) For The Quarter And The Year Ended 31.03.2022 And Outcome Of Board Meeting
In continuation of our letter dated 26.04.2022, we wish to inform you that Board of Directors at its meeting held today, inter-alia had approved the Audited Financial Results (Standalone and Consolidated) for the quarter/ year ended March 3 1 , 2022. The Board of Directors had considered and recommended "Nil" final dividend. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2 0 1 5 , we enclosed the following (i) Statements showing the Audited Financial Results (Standalone and Consolidated) for the quarter/year ended March 3 1 , 2022 in the prescribed format. (ii) Auditors Report on the Audited Financial Results -- Standalone and Consolidated (iii) A declaration on Auditors Report with unmodified opinion pursuant to the SEBI circular no. CIR/CFD/CNID/56/2016 dated May 27, 2016. The results are being uploaded on the Company''s website at www.srf.com. The meeting started at 1 1 . 0 0 a.m. and concluded at 3.25 p.m.09-05-2022
SRF LTD. - 503806 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that SRF Ltd. will participate in an investor and analyst conference call on Tuesday, May 10, 2022 from 03:00 to 04:00 pm IST. This call will be hosted by Axis Capital. Mr. Rahul Jain, President & Chief Financial Officer will represent SRF on the call. The conference call will be initiated with a brief management discussion on the Q4 & FY22 results which will be declared on Monday, May 09, 2022 followed by an interactive Question & Answer session.05-05-2022
SRF LTD. - 503806 - Certificate Under Regulation 40 (10) Of SEBI (Listing Obligations And Disclosure Requirements), Requlations, 2015
In pursuance of Regulation 40(10) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we hereby submit duly signed compliance certificate dated 27.04.2022 from the practicing company secretary for the year ended 31st March, 2022 under Regulation 40(09) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.27-04-2022