SRF is a leading Indian manufacturer of specialty chemicals and technical textiles. The company has been in business since 1969 and is listed on the Bombay Stock Exchange. SRF has a significant presence in India and around the world, with operations in more than 20 countries.
What Were SRF's Q4 Profits For 2018?
The profits of SRF for the fourth quarter of 2018 were Rs. 1168.95 crore. This is an increase of 8.2% compared to the same quarter in 2017. The company's total revenue for the quarter was Rs. 5,903.35 crore, up 6.9% from the corresponding period in 2017.
Factors That Contributed to SRF's Profits in Q4 2018
The increase in SRF's profits in Q4 2018 can be attributed to higher sales volume across its various product categories, as well as improved margins due to cost savings. The company also benefited from its strong presence in the international markets, as well as its ability to capitalize on the growing demand for its products.
What Other Factors Affected SRF's Performance in 2018?
In 2018, SRF was impacted by rising raw material costs, volatility in the foreign exchange markets, and changes in the regulatory environment. These factors had a negative effect on the company's profits in the fourth quarter of 2018. Additionally, there were delays in the approval of certain projects, which also negatively impacted SRF's profits in the fourth quarter.
People Also Ask
What Was SRF's Revenue in 2018?
SRF's total revenue for 2018 was Rs. 23,945.19 crore, an increase of 4.2% compared to 2017.
How Has SRF's Performance Been in Recent Years?
SRF's performance has been strong in recent years. The company's revenue and profits have grown steadily, and it has consistently outperformed its peers in the specialty chemicals and technical textiles sectors. SRF has also been able to capitalize on the increasing demand for its products in the international markets.
What Are SRF's Plans for 2019?
SRF is looking to further expand its presence in the international markets in 2019. The company is also focusing on the development of new products and the introduction of new technologies. SRF is also looking to capitalize on the increasing demand for its products in the domestic market.
SRF's strong performance in Q4 2018 is a testament to the company's ability to capitalize on the opportunities in the international and domestic markets. The company is well-positioned to continue its growth in 2019, and is looking to further expand its presence in the global markets.