SRF Limited has reported a strong financial performance in the second quarter of FY27, with consolidated revenue rising 35% year-on-year to Rs 4,904 crore and profit after tax (PAT) climbing 31% to Rs 509 crore, driven by growth across its key businesses.

The innovation-led materials and chemicals company reported operational earnings before interest and tax (EBIT) of Rs 816 crore for the quarter ended September 30, 2026, up 26% from Rs 650 crore in the corresponding period last year.

Commenting on the results, Chairman and Managing Director Ashish Bharat Ram said, “Our Businesses have delivered a strong performance, despite an uncertain and volatile global environment. Most importantly, our Capex investments targeting opportunities in sunrise sectors remain extremely robust, positioning us well for the future”.

Performance Films & Foil leads segment growth

SRF’s Performance Films & Foil business emerged as a major growth driver during the quarter, with segment revenue jumping 51% to Rs 2,122 crore from Rs 1,408 crore a year earlier. Operating profit surged 73% to Rs 206 crore from Rs 119 crore.

The business recorded its highest-ever packed production of films during the quarter. However, demand for films moderated as inventory built up following heightened buying activity amid market volatility in the first quarter. Aluminium foil demand remained healthy.

The Chemicals business posted a 25% increase in revenue to Rs 2,079 crore from Rs 1,667 crore. Operating profit rose 10% to Rs 528 crore from Rs 481 crore.

Within the segment, the Fluorochemicals business benefited from robust refrigerant sales volumes and positive pricing momentum across key products, while retaining its leadership position in primary markets.

The Specialty Chemicals business navigated a challenging operating environment marked by changing global pricing trends, industry overcapacity in China and geopolitical developments. Both the Specialty Chemicals and Fluorochemicals businesses also pursued initiatives to improve operational efficiency.

Technical Textiles profit jumps 71%

SRF’s Technical Textiles business delivered a sharp improvement in profitability, with operating profit rising 71% to Rs 72 crore from Rs 42 crore. Segment revenue grew 25% to Rs 595 crore from Rs 474 crore, supported by healthy demand and improved margins.

The Other Businesses segment reported an 18% increase in revenue to Rs 107 crore from Rs 91 crore. Operating profit rose 29% to Rs 10 crore from Rs 8 crore. The Coated and Laminated Fabrics businesses performed in line with expectations amid prevailing market conditions.

H1 revenue rises 33%, profit jumps 55%

SRF sustained its growth momentum in the first half of FY27, with consolidated revenue increasing 33% to Rs 9,937 crore from Rs 7,459 crore in the corresponding period last year.

Profit after tax surged 55% to Rs 1,268 crore from Rs 820 crore, underscoring the company’s improved earnings performance during the six-month period.

Rs 600-crore battery foil investment approved

In a significant expansion move, SRF’s board has approved an investment of approximately Rs 600 crore to establish a battery-grade aluminium foil manufacturing facility in India.

The proposed facility will have an annual capacity of around 12,000 metric tonnes and cater to both lithium-ion and sodium-ion battery applications, targeting growing demand from the energy storage and electric mobility sectors.

The project will be implemented in two phases, with an estimated investment of Rs 300 crore for each phase. Phase I is expected to be completed by September 2028, followed by Phase II by September 2030.

The investment marks a strategic push into materials linked to the expanding battery and energy storage ecosystem.

SRF’s patent portfolio reaches 539 applications

SRF had filed 539 patent applications globally and secured 160 patents as of September 30, 2026, reflecting its continued focus on research, development and technology.