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SRF reports 7% fall in Q4 consolidated net profit

09 May 2023 Evaluate

SRF has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 16.03% rise in its net profit at Rs 580.70 crore for the quarter under review as compared to Rs 500.49 crore for the same quarter in the previous year. Total income of the company increased by 13.10% at Rs 3176.07 crore for Q4FY23 as compared to Rs 2808.23 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.13% fall in its net profit at Rs 562.45 crore for fourth quarter ended March 31, 2023 as compared to Rs 605.65 crore for the same quarter in the previous year. However, total income of the company increased by 6.85% at Rs 3800.42 crore for Q4FY23 as compared to Rs 3556.65 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 34.26% rise in its net profit at Rs 2023.36 crore as compared to Rs 1507.01 crore for the previous year. Total income of the company increased by 21.59% at Rs 12179.90 crore for year under review as compared to Rs 10017.35 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 14.47% rise in its net profit at Rs 2162.34 crore as compared to Rs 1888.92 crore for the previous year. Total income of the company increased by 19.79% at Rs 14945.18 crore for year under review as compared to Rs 12476.46 crore for year ended March 31, 2022.

SRF Share Price

2527.60 -23.80 (-0.93%)
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