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Strong chemicals business outlook likely to support the SRF stock

This could aid overall profitability, even though other segments may see margin moderation

Topics
SRF stock | SRF | chemicals companies

Ram Prasad Sahu 



SRF
Higher prices of refrigerants helped boost segment level profitability of the chemicals business, which jumped 82 per cent YoY.

The chemicals segment was yet again the driver of revenue and operating profits for SRF, India’s largest specialty chemicals firm by market capitalisation. The firm posted 36 per cent growth in consolidated revenue in Q4FY22, led by the chemicals segment, which grew at the same clip.

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First Published: Thu, May 12 2022. 23:40 IST

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