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SRF reports 50% fall in Q3 consolidated net profit

31 Jan 2024 Evaluate

SRF has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 46.91% fall in net profit at Rs 262.81 crore for the third quarter ended December 31, 2023 as compared to Rs 495.06 crore for the same quarter in the previous year. Total income of the company decreased by 11.77% at Rs 2534.13 crore for Q3FY24 as compared Rs 2872.05 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 50.40% fall in its net profit at Rs 253.43 crore for Q3FY24 as compared to Rs 510.90 crore for the same quarter in the previous year. Total income of the company decreased by 11.72% at Rs 3071.79 crore for Q3FY24 as compared Rs 3479.67 crore for corresponding quarter of the previous year.

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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