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SRF Limited Announces Fourth Quarter and Full-Year Fiscal 2024 Financial Results

SRF Limited Announces Fourth Quarter and Full-Year Fiscal 2024 Financial Results
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SRF Limited reports 14% decline in consolidated sales in Q1FY24, approves interim dividend of 36 per cent

Chemical company SRF Limited reported a 14% decrease in consolidated sales, a 37% decrease in EBIT, and a 41% decrease in PAT for Q1FY24 compared to the same period last year. The Packaging Films Business saw a 27% decline in revenue, while the Chemicals Business saw a 4% decline.

SRF Revenue Falls 14% To ₹3,338 Cr In Q1FY24

SRF Revenue Falls 14% To ₹3,338 Cr In Q1FY24
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Features | Labels & Labeling

Labels & Labeling has been the global voice of the label and package printing industry since 1978. Featuring the latest technological advances, industry news, case studies and opinions, it is the leading resource for printers, brand owners, designers and suppliers.

SRF expands films production in India

Once complete, this new facility will house a 10.4m wide Bruckner make film line complemented by a metallizer. Prashant Mehra, president and CEO, Packaging Films Business, Coated Fabrics Business, Laminated Fabrics Business at SRF, says the BOPP market in India is growing at 10-12 percent per annum, driven by the expansion of FMCG companies.

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