SRF Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Fourth Quarter and Audited Consolidated and Standalone Earnings Results for the Full Year Ended March 31, 2017
May 22, 2017 at 08:36 am
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SRF Limited announced unaudited consolidated and standalone earnings results for the fourth quarter and audited consolidated and standalone earnings results for the full year ended March 31, 2017. For the quarter, on standalone basis, the company reported total revenue from operations of INR 11,815.6 million compared to INR 9,744.7 million a year ago. Profit before tax was INR 1,299.8 million compared to INR 1,770.0 million a year ago. Profit for the period was INR 958.9 million compared with INR 903.9 million a year ago. Basic and diluted earnings per share (not annualized) were INR 16.70 compared with INR 15.74 a year ago.
For the full year, on standalone basis, the company reported total revenue from operations of INR 41,978.2 million compared to INR 39,449.7 million a year ago. Profit before tax was INR 5,480.7 million compared to INR 5,158.2 million a year ago. Profit for the period was INR 4,188.2 million compared with INR 3,718.7 million a year ago. Basic and diluted earnings per share (not annualized) were INR 72.94 compared with INR 64.76 a year ago.
For the quarter, on consolidated basis, the company reported total revenue from operations of INR 14,164.4 million compared to INR 11,833.4 million a year ago. Profit before tax was INR 1,643.9 million compared to INR 1,403.9 million a year ago. Profit for the period was INR 1,292.2 million compared with INR 1,116.9 million a year ago. Basic and diluted earnings per share (not annualized) were INR 22.50 compared with INR 19.45 a year ago. EBIDTA was INR 2,417 million compared with INR 2,362 million a year ago.
For the full year, on consolidated basis, the company reported total revenue from operations of INR 51,365.9 million compared to INR 48,982.7 million a year ago. Profit before tax was INR 6,571.9 million compared to INR 5,849.4 million a year ago. Profit for the period was INR 5,149.9 million compared with INR 4,298.9 million a year ago. Basic and diluted earnings per share (not annualized) were INR 89.69 compared with INR 74.87 a year ago. EBIDTA was INR 10,150 million compared with INR 10,010 million a year ago.
SRF Limited is a chemical-based multi-business company engaged in the manufacturing of industrial and specialty intermediates. The Company's segments include Technical Textiles Business (TTB), Chemicals Business (CB), Packaging Film Business (PFB) and Others. The TTB segment's business includes nylon tire cord fabric, belting fabric, polyester tire cord fabric and industrial yarns and its research and development. The CB segment's business includes refrigerant gases, industrial chemicals, specialty chemicals, fluorochemicals and allied products and its research and development. The PFB segment's business includes polyester films and polypropylene films. The others segment includes coated fabric, laminated fabric and other ancillary activities. The Company has around 12 manufacturing plants in India and one each in Thailand, South Africa and Hungary. The Company exports to over 90 countries. It serves various industries, such as automotive, pharmaceuticals, manufacturing and chemicals.
SRF Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Fourth Quarter and Audited Consolidated and Standalone Earnings Results for the Full Year Ended March 31, 2017