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SRF reports 41% rise in Q3 consolidated net profit

09 Feb 2016 Evaluate

SRF has reported results for third quarter ended December 31, 2015. 

The company has reported 14.47% rise in its net profit at Rs 83.13 crore for the quarter ended December 31, 2015 as compared to Rs 72.62 crore for the same quarter in the previous year. However, the company’s total income decreased by 1.80% to Rs 870.44 crore for the quarter under review from Rs 886.40 crore for the corresponding quarter of the previous year.  

On the consolidated basis, the company has reported 41.01% rise in its net profit after taxes, minority interest and share of profit of associates of Rs 100.68 crore for the quarter ended December 31, 2015 as compared to Rs 71.40 crore for the same quarter in the previous year. However, total income of the company has decreased by 1% at Rs 1106.57 crore for quarter under review as compared to Rs 1117.79 crore for the quarter ended December 31, 2014

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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