SRF Q3 Profit Jumps 60% to ₹432.7 Cr, Declares ₹5 Dividend; Shares Decline

Business
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Moneycontrol•20-01-2026, 16:19
SRF Q3 Profit Jumps 60% to ₹432.7 Cr, Declares ₹5 Dividend; Shares Decline
- •SRF Ltd reported a 59.7% year-on-year increase in net profit to ₹432.7 crore for the December quarter, surpassing CNBC-TV18 estimates.
- •Revenue grew by 6.3% to ₹3,712.5 crore, and EBITDA rose 26% to ₹780 crore, with margins at 21%.
- •The specialty chemicals business faced sluggishness due to aggressive pricing by Chinese companies and deferred off-take from key customers.
- •SRF announced an interim dividend of ₹5 per share, payable by February 17, 2026, with January 27, 2026, as the record date.
- •Despite strong results, SRF shares declined by about 4% on the NSE, closing at ₹2,854.
Why It Matters: SRF reported strong Q3 profit growth and declared a dividend, but its shares still fell due to market factors.
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