SRF Limited reported a 76% rise in consolidated profit after tax to ₹759 crore for the first quarter ended June 30, 2026, driven by strong momentum across its diversified business portfolio. Revenue from operations increased 32% to ₹5,033 crore from ₹3,819 crore in the corresponding period last year. Operational Earnings before Interest and Tax (EBIT) surged 61% to ₹1,116 crore from ₹694 crore, marking the company's best-ever quarterly performance.

The Board of Directors reviewed and approved the unaudited consolidated financial results at a meeting held on July 22, 2026. Chairman and Managing Director Ashish Bharat Ram attributed the exceptional quarter to the resilience of the business models and the strength of the diversified portfolio, despite an uncertain global environment. He noted that while inventory gains provided some support, the performance was fundamentally driven by strong business momentum.

Consolidated Q1FY27 Segment Performance

The Chemicals Business reported a 26% increase in revenue to ₹2,315 crore from ₹1,839 crore, with operating profit rising 27% to ₹638 crore from ₹503 crore. The Specialty Chemicals segment operated in a dynamic market environment, while the Fluorochemicals Business saw robust sales of Refrigerants, Propellants, Chloromethanes, and Fluoropolymers.

The Performance Films & Foil Business delivered a record quarterly performance, with revenue increasing 42% to ₹2,017 crore from ₹1,418 crore. Operating profit jumped 149% to ₹350 crore from ₹140 crore, driven by the highest-ever packed production in Films and Foil and an improved product mix of Value-Added Products (VAPs).

The Technical Textiles Business revenue grew 28% to ₹597 crore from ₹467 crore, with operating profit surging 186% to ₹108 crore from ₹38 crore. This growth was supported by stable demand and higher margins for Tyre Cord Fabrics and strong demand for Belting Fabrics. The Other Businesses segment reported an 11% revenue increase to ₹105 crore, with operating profit rising 50% to ₹20 crore.

Capital Expenditure and Dividend

The Board approved a ₹250 crore investment to establish a BOPET Thick Film Line in India for the Performance Films & Foil Business. The Chemicals Business is undertaking smaller capital expenditure projects to enhance capacity and operational efficiencies, particularly in the Agrochemicals portfolio.

In the meeting, the Board approved an interim dividend of ₹5 per share. As of June 30, 2026, the company has applied for 528 patents, of which 159 have been granted globally.

SRF Limited has declared an interim dividend of ₹5 per share for the financial year 2026-27. The dividend, equivalent to 50% of the paid-up equity share capital, was approved by the Board of Directors at its meeting held on July 22, 2026. This payout will be made to shareholders whose names appear on the Register of Members or as beneficial owners with depositories on the record date.

Key Dates

The record date for determining eligibility for the interim dividend is Tuesday, July 28, 2026. The company has scheduled the payment of this dividend to be completed on or before Tuesday, August 18, 2026. Shareholders holding shares in dematerialized form must ensure their names are reflected in the records of National Securities Depository Limited or Central Depository Services (India) Limited as of the record date.

Financial Context

The dividend declaration follows the company's recent financial performance for the quarter ended June 30, 2026. SRF Limited had previously reported a 76% year-on-year rise in consolidated net profit to ₹759 crore, driven by strong performance across its business verticals. Revenue from operations had surged 32% to ₹5,033 crore during the same period, supported by growth in the Chemicals Business, Performance Films & Foil Business, and Technical Textiles Business.

Corporate Compliance

The announcement was formally communicated by Rajat Lakhanpal, Senior Vice President (Corporate Compliance) & Company Secretary of SRF Limited. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited to ensure regulatory compliance and inform the investing public about the capital allocation decision.