SRF Limited, a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates today announced its consolidated financial results for the second quarter and half year ended September 30, 2025.

The consolidated revenue of the company increased 6% from Rs. 3,424 crore to Rs. 3,640 crore in Q2FY26 when compared with Corresponding Period Last Year (CPLY). The company’s Earnings before Interest and Tax (EBIT) increased 56% from Rs. 417 crore to Rs. 650 crore in Q2FY26 when compared with CPLY. The company’s Profit after Tax (PAT) increased 93% from Rs. 201 crore to Rs. 388 crore in Q2FY26 when compared with CPLY.

Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “We performed well this quarter, led by our Chemicals Business. While we are dealing with a very uncertain global environment, we remain confident of a good finish to the year”.

The Chemicals Business reported a 23% increase in segment revenue, from Rs. 1,358 crore to Rs. 1,667 crore during Q2FY26 compared to CPLY. Operating profit rose by 96%, from Rs. 246 crore to Rs. 481 crore in the same period.

The Fluorochemicals Business reported record sales volumes for refrigerants, with prices of key refrigerants witnessing positive traction. During the quarter, the Business entered a strategic collaboration with The Chemours Company regarding certain fluoropolymers, which is expected to contribute to future growth.

The Specialty Chemicals Business reported increased volumes for some of its products, while the introduction of new products also generated positive momentum. Operational efficiency measures were implemented, in both the Fluorochemicals and Specialty Chemicals Business segments, which contributed to an expanded margin profile.

The Performance Films & Foil Business experienced a marginal decline in segment revenue, decreasing from Rs. 1,421 crore to Rs. 1,408 crore during Q2FY26 compared to CPLY. Operating profit, however, recorded a significant increase of 44%, rising from Rs. 83 crore to Rs. 119 crore in Q2FY26 over CPLY. During Q2FY26, the Performance Films and Foil Business achieved margin growth in its value-added product segment.

The Business also maintained its status as the leading exporter of BOPET films in India. As a result of GST reforms implemented this quarter, the market experienced reduced volumes attributable to resizing and reprinting activities. These adjustments are expected to yield positive outcomes in the near future.

The Technical Textiles Business reported a decrease of 11% in its segment revenue from Rs. 536 crore to Rs. 474 crore during Q2FY26 over CPLY. The operating profit of the Technical Textiles Business decreased 41% from Rs. 71 crore to Rs. 42 crore in Q2FY26 over CPLY. During the quarter, the Technical Textiles Business faced significant headwinds due to aggressive import pricing of Nylon Tyre Cord Fabrics and Belting Fabrics from China and low demand for Polyester Industrial Yarn.

The Other Businesses reported a decrease of 19% in its segment revenue from Rs. 113 crore to Rs. 91 crore in Q2FY26 when compared with CPLY. The operating profit of the Other Businesses decreased 56% from Rs. 17 crore to Rs. 8 crore in Q2FY26 over CPLY. During the quarter, the Coated and Laminated Fabrics segments reported lower performance due to certain prevailing market conditions.

In the first six months of FY26, SRF’s revenue increased 8% from Rs. 6,888 crore to Rs. 7,459 crore over CPLY. The company’s PAT increased 81% from Rs. 454 crore to Rs. 820 crore over CPLY.

In line with SRF’s strategic collaboration with The Chemours Company for manufacture and supply of fluoropolymers and fluoroelastomers, and in response to subsequent revisions in project scope, the Board has revised the previously sanctioned capital expenditure from Rs. 595 crore to Rs. 745 crore. The project is expected to be completed in a sequential manner, with the final phase scheduled for completion by December 2026.