SRF Share Price Falls Over 5% After Q2 FY27 Earnings Results: Total Income Up 34.5% YoY

On October 21, 2026, SRF Limited reported its consolidated unaudited financial results for the quarter and half year ended September 30, 2026, as per the exchange filings. 

SRF Q2 FY27 Earnings Results 

SRF Limited has announced a 34.5% year-on-year increase in total income for the quarter ending September 30, 2026, reaching ₹4,929.14 crore. This marks a decrease of 2.7% from the previous quarter's ₹5,067.17 crore.  

The company's net profit for the same period rose 31.2% year-on-year to ₹509.12 crore, though it fell 32.9% from the June 2026 quarter. 

Half-Year Financial Performance 

For the half-year ending September 30, 2026, SRF Limited's total income increased by 33% year-on-year to ₹9,996.31 crore, compared to ₹7,513.64 crore in the previous year. Net profit for this period rose 54.5% year-on-year to ₹1,267.99 crore from ₹820.50 crore. 

Chemicals Business Segment 

The chemicals segment reported a quarterly revenue of ₹2,079 crore, reflecting a 25% year-on-year growth. Operating profits in this division increased by 10% to ₹528 crore.  

The fluorochemicals division maintained strong sales volumes, while the specialty chemicals operations managed pricing competition from China. 

Packaging Films Divisional Metrics 

The packaging films division saw a 51% surge in quarterly revenue, reaching ₹2,122 crore. Operating profit increased by 73% to ₹206 crore.  

This division achieved its highest-ever volume of packed product output, although market demand faced mild corrections due to inventory adjustments by distribution partners. 

Read More: L&T Technology Services Share Price in Focus; Reports 66.8% Rise in Q2 Profit! 

Technical Textiles Performance 

The technical textiles segment reported a 25% increase in revenue, reaching ₹595 crore. Operating profit rose 71% year-on-year to ₹72 crore. Improved margins and steady domestic demand supported this performance. Minor commercial divisions contributed an operational profit of ₹10 crore. 

Strategic Capital Expenditure 

SRF Limited's board approved a ₹600 crore investment in the packaging segment to build a battery-grade aluminium foil facility in India. The project aims for a capacity of 12,000 metric tons, with Phase I involving ₹300 crore, set to conclude by September 2028. 

Intellectual Property and Global Presence 

SRF Limited filed 539 global patent applications by September end, with 160 patents granted. The company exports to 90 countries and operates 16 factories in India, Thailand, South Africa, and Hungary, with an annual turnover of ₹15,416 crore. 

SRF Share Price Performance 

As of October 21, 2026, at 3:30 PM, SRF share price on NSE was closed at ₹2,305.00, down by 5.22% from the previous closing price. 

Conclusion 

SRF Limited's September 2026 quarter saw a 34.5% YoY increase in total income to ₹4,929.14 crore and a 31.2% YoY rise in net profit to ₹509.12 crore. The chemicals and packaging films segments contributed significantly to this growth. 

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