SRF Limited reported a 35% year-on-year increase in consolidated revenue to ₹4,904 crore for the second quarter of FY27, compared with ₹3,640 crore in the corresponding period last year. Operational earnings before interest and tax (EBIT) rose 26% to ₹816 crore, while profit after tax (PAT) increased 31% to ₹509 crore. For the first half of FY27, revenue grew 33% to ₹9,937 crore from ₹7,459 crore a year earlier. PAT rose 55% to ₹1,268 crore from ₹820 crore.
Ashish Bharat Ram, Chairman and Managing Director of SRF, said the company had delivered a strong performance despite an uncertain global environment. He added that capital expenditure targeting emerging sectors remained a key part of its growth plans.
The Chemicals Business recorded a 25% increase in quarterly revenue to ₹2,079 crore, while operating profit rose 10% to ₹528 crore. The Fluorochemicals Business reported strong refrigerant sales volumes and positive pricing trends across key products. The Specialty Chemicals Business continued to operate amid changing global prices, excess industry capacity in China and geopolitical developments.
Revenue from the Performance Films and Foil Business increased 51% to ₹2,122 crore, while operating profit rose 73% to ₹206 crore. The business achieved its highest-ever packed film production during the quarter. Demand for aluminium foil remained healthy, although film demand was affected by inventory accumulation following increased purchasing in the previous quarter. The Technical Textiles Business reported a 25% rise in revenue to ₹595 crore and a 71% increase in operating profit to ₹72 crore. The Other Businesses recorded revenue growth of 18% to ₹107 crore, while operating profit increased 29% to ₹10 crore.
The company’s board has approved an investment of approximately ₹600 crore to establish a battery-grade aluminium foil manufacturing facility in India. With a proposed annual capacity of 12,000 metric tonnes, the facility will supply material for lithium-ion and sodium-ion batteries used in energy storage and electric mobility. The project will be implemented in two phases, with ₹300 crore allocated to each phase. Phase I is scheduled for completion by September 2028, followed by Phase II by September 2030. As of September 30, 2026, SRF had filed 539 patent applications and received 160 patents globally. During the quarter, the company was named the overall winner in the Best Supply Chain Solution category at the Adam Smith Awards Asia 2026.
SRF is a diversified materials and chemicals company with businesses spanning fluorochemicals, specialty chemicals, performance films and foil, technical textiles, and coated and laminated fabrics. It operates 16 manufacturing facilities across India, Thailand, South Africa and Hungary, employs more than 9,500 people and exports to over 90 countries. The company reported an annual turnover of ₹15,416 crore.
