SRF quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	4,904	3,640	+34.7%
EBITDA	946	774	+22.2%
EBITDA margin	19.3%	21.3%	−2.0 pts
Profit before tax	671	517	+29.8%
Net profit	509	388	+31.2%
EPS	₹17.18	₹13.10	+31.1%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	4,904	5,033	4,615	3,713	3,640	3,819	4,313	3,491	3,424	3,464	3,570	3,053	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	24.9	33.9	24.9	27.3	25.7	29.1	34.5	39.6	33.3	25.3	23.4	18.8
	4,929	5,067	4,640	3,740	3,666	3,848	4,348	3,531	3,458	3,489	3,593	3,072
	2,623	2,626	2,133	1,890	1,925	1,931	1,995	1,869	1,886	1,825	1,791	1,631
	99.7	39.4	27.3	80.1	96.0	41.0	31.2	19.6	33.9	40.1	24.4	39.3
	−123	−208	122	−134	−252	−61.5	206	−82.9	−85.8	−37.6	18.1	−116
	316	319	313	281	277	277	276	261	253	252	247	244
	70.9	68.6	62.0	65.5	70.7	79.9	89.4	96.3	93.8	96.5	90.0	67.4
	229	223	220	217	212	203	195	194	194	188	186	169
	1,043	1,021	994	816	820	801	847	805	799	781	794	689
	4,258	4,088	3,871	3,215	3,149	3,272	3,640	3,162	3,174	3,145	3,150	2,723
	946	1,237	1,026	780	774	830	957	620	538	603	696	566
	717	1,014	806	563	562	627	762	425	344	415	510	397
Profit
	671	979	769	525	517	576	707	369	284	344	443	348
	0.0	0.0	−11.7	−73.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	671	979	757	452	517	576	707	369	284	344	443	348
	134	172	175	118	129	144	183	99.1	82.2	91.8	122	97.4
	27.5	47.9	0.0	−99.1	0.0	0.0	−1.8	−1.4	0.0	0.0	−101	−2.5
	162	220	175	19.0	129	144	181	97.6	82.2	91.8	21.1	94.9
	509	759	582	433	388	432	526	271	201	252	422	253
	509	759	582	433	388	432	526	271	201	252	422	253
	15.1	118	−139	47.9	−108	39.3	86.8	−152	124	42.8	−22.4	76.5
	524	877	443	481	280	472	613	119	326	295	400	330
	—	—	582	433	388	432	526	271	201	252	422	253
Per share
	₹17.18	₹25.60	₹19.63	₹14.60	₹13.10	₹14.58	₹17.75	₹9.15	₹6.79	₹8.51	₹14.24	₹8.55
	₹17.18	₹25.60	₹19.63	₹14.60	₹13.10	₹14.58	₹17.75	₹9.15	₹6.79	₹8.51	₹14.24	₹8.55
Other comprehensive income — detail
	15.1	118	−139	47.9	−108	39.3	86.8	—	—	—	—	—
	3.6	−5.2	−1.7	4.6	2.1	−3.8	−4.3	2.0	5.1	−3.5	−1.7	3.2
	0.9	−1.3	−0.9	1.1	0.5	−0.9	−1.0	—	—	—	—	—
	—	—	—	—	—	—	—	0.5	1.3	−0.9	−0.1	0.8
	14.6	159	−191	38.1	−167	39.6	115	−184	110	58.3	−7.2	77.1
	2.3	36.5	−52.5	−6.3	−57.6	−2.6	24.6	—	—	—	—	—
	—	—	—	—	—	—	—	−30.3	−9.8	12.8	13.7	3.0
Per share — as-filed variants
	₹17.18	₹25.60	₹19.63	₹14.60	₹13.10	₹14.58	₹17.75	₹9.15	₹6.79	₹8.51	₹14.24	₹8.55
	₹17.18	₹25.60	₹19.63	₹14.60	₹13.10	₹14.58	₹17.75	₹9.15	₹6.79	₹8.51	₹14.24	₹8.55
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	2,304	2,576	2,333	1,877	1,871	1,908	2,081	1,686	1,590	1,637	1,736	1,498
	47.0%	51.2%	50.5%	50.6%	51.4%	50.0%	48.2%	48.3%	46.4%	47.3%	48.6%	49.1%
Adjusted (ex-exceptional items) — derived
	671	979	769	525	517	576	707	369	284	344	443	348
	0.0	0.0	−11.7	−73.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	509	759	591	503	388	432	526	271	201	252	422	253
	₹17.18	₹25.60	₹19.93	₹16.97	₹13.10	₹14.58	₹17.75	₹9.15	₹6.79	₹8.51	₹14.24	₹8.55

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SRF₹2,358.60

SRF Ltd.

· Chemicals

Annual Quarterly₹ CrorePeersNAVINFLUOR FLUOROCHEM PIIND UPL COROMANDEL SOLARINDS PIDILITIND BASFMcap ₹69,914 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	3,053.0	3,569.7	3,464.1	3,424.3	3,491.3	4,313.3	3,818.6	3,640.2	3,712.5	4,615.2	5,033.3	4,904.2
Other Income	18.8	23.4	25.3	33.3	39.6	34.5	29.1	25.7	27.3	24.9	33.9	24.9
Total Income	3,071.8	3,593.1	3,489.4	3,457.6	3,531.0	4,347.8	3,847.7	3,665.9	3,739.9	4,640.1	5,067.2	4,929.1
Expenses
+ Cost of Materials Consumed	1,631.2	1,791.0	1,824.5	1,885.9	1,869.0	1,994.9	1,931.2	1,925.1	1,889.9	2,133.2	2,626.2	2,623.0
+ Purchases of Stock-in-Trade	39.3	24.4	40.1	33.9	19.6	31.2	41.0	96.0	80.1	27.3	39.4	99.7
+ Changes in Inventories	-115.7	18.1	-37.6	-85.8	-82.9	206.4	-61.5	-252.1	-134.4	121.9	-208.5	-122.9
+ Employee Benefit Expense	243.8	246.6	252.2	253.4	260.8	276.2	277.3	277.1	280.8	313.1	318.7	315.7
+ Finance Costs	67.4	90.0	96.5	93.8	96.3	89.4	79.9	70.7	65.5	62.0	68.6	70.9
+ Depreciation & Amortisation	168.9	185.9	188.2	193.9	194.3	195.2	203.2	212.1	216.9	219.8	222.9	228.8
+ Other Expenses	688.7	793.8	781.5	798.8	805.4	847.3	800.8	819.9	816.1	994.0	1,020.7	1,042.7
Total Expenses	2,723.5	3,149.8	3,145.4	3,174.0	3,162.3	3,640.5	3,271.9	3,148.9	3,215.0	3,871.3	4,088.0	4,258.1
EBITDA	565.8	695.8	603.4	538.0	619.6	957.4	829.8	774.2	780.0	1,025.7	1,236.7	945.9
EBIT	396.9	509.9	415.3	344.1	425.3	762.3	626.6	562.0	563.1	805.9	1,013.9	717.0
Profit
PBT before Exceptional Items	348.3	443.3	344.0	283.7	368.7	707.4	575.8	517.1	524.9	768.8	979.2	671.0
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-73.2	-11.7	0.0	0.0
Pretax Income	348.3	443.3	344.0	283.7	368.7	707.4	575.8	517.1	451.7	757.1	979.2	671.0
+ Current Tax	97.4	121.9	91.8	82.2	99.1	183.1	143.5	128.9	118.1	175.1	172.4	134.4
+ Deferred Tax	-2.5	-100.7	0.0	0.0	-1.4	-1.8	0.0	0.0	-99.1	0.0	47.9	27.5
Tax Expense	94.9	21.1	91.8	82.2	97.6	181.3	143.5	128.9	19.0	175.1	220.3	161.9
Net Income	253.4	422.2	252.2	201.4	271.1	526.1	432.3	388.2	432.7	582.0	758.9	509.1
+ Net Income — Continuing Ops	253.4	422.2	252.2	201.4	271.1	526.1	432.3	388.2	432.7	582.0	758.9	509.1
+ Other Comprehensive Income	76.5	-22.4	42.8	124.1	-152.4	86.8	39.3	-108.1	47.9	-139.1	118.5	15.1
Total Comprehensive Income	329.9	399.8	295.1	325.5	118.7	612.9	471.7	280.1	480.6	442.9	877.4	524.2
Net Income to Common	253.4	422.2	252.2	201.4	271.1	526.1	432.3	388.2	432.7	582.0	—	—
Per Share
Basic EPS	8.55	14.24	8.51	6.79	9.15	17.75	14.58	13.10	14.60	19.63	25.60	17.18
Diluted EPS	8.55	14.24	8.51	6.79	9.15	17.75	14.58	13.10	14.60	19.63	25.60	17.18
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	86.8	39.3	-108.1	47.9	-139.1	118.5	15.1
+ Items NOT to be Reclassified to P&L	3.2	-1.7	-3.5	5.1	2.0	-4.3	-3.8	2.1	4.6	-1.7	-5.2	3.6
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-1.0	-0.9	0.5	1.1	-0.9	-1.3	0.9
+ Tax on Items NOT to be Reclassified — alt tag	0.8	-0.1	-0.9	1.3	0.5	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	77.1	-7.2	58.3	110.5	-184.2	114.8	39.6	-167.3	38.1	-190.9	158.9	14.6
+ Tax on Items to be Reclassified	—	—	—	—	—	24.6	-2.6	-57.6	-6.3	-52.5	36.5	2.3
+ Tax on Items to be Reclassified — alt tag	3.0	13.7	12.8	-9.8	-30.3	—	—	—	—	—	—	—
Per Share — as-filed variants
Basic EPS — Continuing Operations	8.55	14.24	8.51	6.79	9.15	17.75	14.58	13.10	14.60	19.63	25.60	17.18
Diluted EPS — Continuing Operations	8.55	14.24	8.51	6.79	9.15	17.75	14.58	13.10	14.60	19.63	25.60	17.18
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,498.4	1,736.2	1,637.1	1,590.3	1,685.7	2,080.9	1,907.9	1,871.2	1,876.9	2,332.8	2,576.1	2,304.3
Gross Margin %	49.08	48.64	47.26	46.44	48.28	48.24	49.96	51.40	50.56	50.55	51.18	46.99
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	348.3	443.3	344.0	283.7	368.7	707.4	575.8	517.1	524.9	768.8	979.2	671.0
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-73.2	-11.7	0.0	0.0
Net Income Adj (tax-effected)	253.4	422.2	252.2	201.4	271.1	526.1	432.3	388.2	502.8	591.0	758.9	509.1
EPS Adj	8.55	14.24	8.51	6.79	9.15	17.75	14.58	13.10	16.97	19.93	25.60	17.18
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.37	0.35	0.35	0.34	0.36	0.32	0.35
Filed Dscr	2.00	3.00	2.00	2.00	2.00	1.26	2.58	2.77	2.16	2.92	1.93	2.90
Filed Iscr	5.00	7.00	5.00	5.00	6.00	9.07	8.55	8.99	9.60	11.69	13.30	9.68
Paid Up Equity Capital	296.4	296.4	296.4	296.4	296.4	296.4	296.4	296.4	296.4	296.4	296.4	296.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

SRF Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 21 October 2026 at 2:54 pm IST

SRF (NSE: SRF) reported its Q2 FY27 results (July–September 2026) on Wednesday, 21 October 2026 at 2:54 pm IST. Consolidated net profit was ₹509 crore, up 31.2% from ₹388 crore in Q2 FY26 and down 32.9% from ₹759 crore in Q1 FY27. Revenue from operations was ₹4,904 crore, up 34.7% year on year and down 2.6% from the previous quarter.

Q2 FY26 results (a year earlier): 27 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹509 Cr+31.2% vs Q2 FY26−32.9% vs Q1 FY27
Revenue from operations: ₹4,904 Cr+34.7% vs Q2 FY26−2.6% vs Q1 FY27
Operating margin (EBIT): 14.6%−0.8 pts vs Q2 FY26−5.5 pts vs Q1 FY27EBIT ₹717 Cr
EBITDA: ₹946 Cr+22.2% vs Q2 FY26−23.5% vs Q1 FY27margin 19.3%
Earnings per share (basic): ₹17.18+31.1% vs Q2 FY26−32.9% vs Q1 FY27
Net profit margin: 10.4%−0.3 pts vs Q2 FY26−4.7 pts vs Q1 FY27

Questions

What was SRF's net profit in Q2 FY27?

Consolidated net profit was ₹509 crore, up 31.2% from ₹388 crore in Q2 FY26 and down 32.9% from ₹759 crore in Q1 FY27.

What was SRF's revenue in Q2 FY27?

Revenue from operations was ₹4,904 crore, up 34.7% year on year and down 2.6% from the previous quarter.

What was SRF's net profit in FY26?

Consolidated net profit was ₹1,835 crore in FY26 (April 2025–March 2026), up 46.7% from ₹1,251 crore in FY25. It was ₹1,336 crore in FY24.

How were SRF's Q2 FY27 results?

Both grew from a year earlier: net profit was up 31.2% at ₹509 crore and revenue was up 34.7% at ₹4,904 crore. The operating margin was 14.6%, down 0.8 percentage points from 15.4% a year earlier. Against Q1 FY27, net profit was down 32.9% and revenue down 2.6%.

What was SRF's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹717 crore, a margin of 14.6%, against 20.1% in Q1 FY27 and 15.4% in Q2 FY26. EBITDA was ₹946 crore, 19.3% of revenue.

What was SRF's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹1,268 crore, up 54.5% from ₹821 crore in the same months a year earlier. Revenue from operations was ₹9,937 crore, up 33.2%.

What was SRF's EPS in Q2 FY27?

Basic earnings per share were ₹17.18, against ₹13.10 in Q2 FY26.

What was SRF's revenue in FY26?

Revenue from operations was ₹15,787 crore in FY26 (April 2025–March 2026), up 7.4% from ₹14,693 crore in FY25. It was ₹13,139 crore in FY24.

When did SRF announce its Q2 FY27 results?

On Wednesday, 21 October 2026 at 2:54 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 27 October 2025.

What is SRF's net profit margin?

SRF's net profit margin was 10.4% in Q2 FY27 (net profit as a share of revenue from operations), against 10.7% in Q2 FY26 (down 0.3 percentage points). For FY26 as a whole it was 11.6%.

How has SRF's profit changed over the last four quarters?

Net profit by quarter: ₹433 crore in Q3 FY26, ₹582 crore in Q4 FY26, ₹759 crore in Q1 FY27 and ₹509 crore in Q2 FY27. That is ₹2,283 crore over the four quarters, up 41.1% from ₹1,618 crore in the four quarters before. Revenue from operations: ₹3,713 crore, ₹4,615 crore, ₹5,033 crore and ₹4,904 crore.

When will SRF announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these SRF figures come from?

From SRF's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 21 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.