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Board of Havells India appoints director

Board of Havells India appoints director
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SRF posts 96 pc hike in Q4 PAT to Rs 381 crore

SRF posts 96 pc hike in Q4 PAT to Rs 381 crore
ANI |
Updated: May 05, 2021 15:20 IST
Gurugram (Haryana) [India], May 5 (ANI): Industrial and specialty intermediates manufacturer SRF Ltd on Wednesday reported 96 per cent jump in its profit after tax to Rs 381 crore in Q4 FY21 as compared to Rs 194 crore in the corresponding period of previous fiscal.
The company s earnings before interest and tax increased by 73 per cent from Rs 332 crore Q4 FY20 to Rs 575 crore in Q4 FY21.
The consolidated revenue grew by 40 per cent from Rs 1,858 crore to Rs 2,608 crore in the same period.
The company has had an excellent quarter all around with specialty chemicals and packaging films businesses performing exceedingly well, said Managing Director Ashish Bharat Ram. ....

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SRF Q4 PAT spurts 96% YoY to Rs 381 cr

SRF reported 96% jump in consolidated net profit to Rs 381 crore on 40% jump in revenue from operations to Rs 2,608 crore in Q4 FY21 over Q4 FY20.
The company s Earnings before Interest and Tax (EBIT) increased 73% to Rs 575 crore in Q4FY21 over Q4FY20.
The company s chemicals business reported an increase of 31% in its segment revenue to Rs 1,153 crore during Q4FY21 from Rs 882 crore reported in the corresponding period last year.
During the quarter, the specialty chemicals business performed exceptionally well owing to a strong demand from the overseas markets and enhanced volumes of certain key products supplied to our major customers in Europe. The fluorochemicals business is witnessing an impact of the micro lockdowns and certain restrictions imposed by the local authorities as a part of COVID-19 response measures which, though currently not significant, may have an adverse impact on business performance in the short term. ....

Ashish Bharat Ram , Capital Market , ஆஷிஷ் பாரத் ரேம் , மூலதனம் சந்தை ,

SRF Ltd Q4FY21 consolidated PAT rises to Rs. 380.92 crore

SRF Ltd Q4FY21 consolidated PAT rises to Rs. 380.92 crore
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SRF drops after Q3 PAT slips 5% YoY to Rs 325 cr

SRF tumbled 5.32% to Rs 5,467 after the company s consolidated net profit fell 5.3% to Rs 324.73 crore on 17.8% surge in net sales to Rs 2,129.43 crore in Q3 December 2020 over Q3 December 2019.
Consolidated profit before tax (PBT) soared 72.7% to Rs 443.23 crore in Q3 December 2020 as against Rs 256.58 crore in Q3 December 2019. Current tax expense for the quarter stood at Rs 118.50 crore as against a tax rebate of Rs 86.41 crore in Q3 December 2019. The Q3 result was declared at the fag end of market hours yesterday, 21 January 2021.
Consolidated Earnings before Interest and Tax (EBIT) jumped 42% to Rs 479 crore in Q3 FY21 from Rs 337 crore in Q3 FY20 (when compared with CPLY). Net of one-time tax adjustments in CPLY, the consolidated PAT soared 46% to Rs 324 crore in Q3 December 2020 over Rs 221 crore in Q3 December 2019. ....

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