SRF announces its Q4 results

SRF-LimitedThe multi-business entity engaged in the manufacture of chemical based industrial intermediates, SRF Limited has recently declared its Q4 results in the Indian market.

According to the results declared by the company, it has clocked stand alone Q4 net sales of Rs. 676 crore with a growth of 66% in the Indian market. In fact, the company also announced that it has mangers to hit the Q4 EBIDTA at Rs. 218 crore with a whopping growth of 173% in the domestic circuit.

According to Ashish Bharat Ram, Managing Director, SRF, the past one year has been very good on an overall basis for the company and especially divisions like Technical Textiles Business has shown very good growth for the company.

In fact, experts believe that the domestic growth for the company will remain intact even in the coming times but it is advised that the company should follow a cautious approach as far as its global businesses are concerned. In fact, the rising input costs may also pressure the overall margins of the company in the domestic market in the coming times.