Shankar Lal Rampal Dye-Chem Reports 20% Profit Growth and 23.34% Revenue Increase in Q1
Shankar Lal Rampal Dye-Chem Limited (SRD) reported robust Q1 financial results with total revenue of ₹12,226.70 crore and net profit after tax of ₹423.61 crore, showing 23.34% and 20% year-over-year growth respectively. The company's Board approved a backward integration plan to acquire a manufacturing facility in Bhilwara, Rajasthan, focusing on home care and cleaning products. This move aims to transition from trading to integrated manufacturing, reducing dependency on third-party suppliers.