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SRF Ltd. Interim / Quarterly Report 2026

Jul 23, 2025

61903_rns_2025-07-23_8a3781f8-518e-4f41-9efd-09b13c3b8475.pdf

Interim / Quarterly Report

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The Corporate Relationship Department, BSE Limited

Ist Floor , New Trading Ring Rotunda Building, P.J. Towers Dalal Street, Mumbai 400 001

National Stock Exchange of India Limited

“Exchange Plaza” Bandra-Kurla Complex Bandra (E) Mumbai 400 051

Scrip Code-SRF

Scrip Code- 503806

SRF/SEC/BSE/NSE

23.07.2025

Dear Sir,

Unaudited Financial Results for the quarter ended 30.06.2025 alongwith Limited Review Report for the quarter ended 30.06.2025

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today i.e 23[rd] July, 2025 (commenced at 10.30 a.m. and concluded at 02.35 p.m.) has inter-alia considered and approved –

  1. Unaudited Standalone Financial Results for the quarter ended 30.06.2025 (copy enclosed alongwith Limited Review Report by Statutory Auditors for quarter ended 30.06.2025)

  2. Unaudited Consolidated Financial Results for the quarter ended 30.06.2025 (copy enclosed alongwith Limited Review Report by Statutory Auditors for quarter ended 30.06.2025)

Thanking you,

Yours faithfully,

For SRF LIMITED

Digitally signed by RAJAT RAJAT LAKHANPAL LAKHANPAL Date: 2025.07.23 14:48:05 +05'30'

Rajat Lakhanpal Sr. VP (Corporate Compliance) & Company Secretary

Encl: As above

SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091

Corporate identity No. L181010L1970PLC005197

Building No. 10 , 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India Tel: +91 124 719 1 0 Fax: +91 124 235 8613

B S R & Co. LLP

Chartered Accountants

Limited Review Report on unaudited standalone financial results of SRF Limited for the quarter ended 30 June 2025 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/ HSIPICIR/2021I613 dated 1 O August 2021, as amended

To the Board of Directors of SRF Limited

  • 1 . We have reviewed the accompanying Statement of unaudited standalone financial results of SRF Limited (hereinafter referred to as "the Company") for the quarter ended 30 June 2025 ("the Statement").

  • This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 1 0 August 2021, as amended. Our responsibility is to issue a report on the Statement based on our review.

  • We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

  • Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

/

Registered Office:

B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013

14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2

B S R & Co. LLP

Limited Review Report (Continued)

SRF Limited

  1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 1 0 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For B 5 R & Co. LLP

Chartered Accountants

Firm's Registration No.:101248W/W-100022

Gurugram 23 July 2025

·:! Partner Membership No. : 077569 UDIN:25077569BMOVVA7273

Page 2 of 2

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SRF LIMITED

STANDALONE FINANCIAL RESULTS

FOR THE QUARTER ENDED JUNE 30, 2025

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

vO SSFE

SRF LIMITED

Registered Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Naida Link Road, Mayur Vihar Phase I Extn, Delhi- 110091

Tel. No (Regd office) : (+91-11) 49482870 Fax : (+91-11) 49482900

E-mail: [email protected]:www.srf.com CIN - L 18101 DL1970PLC005197

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

(Rs. in Crores, except per share data)

Standalone Standalone
S.No. Pariculars 30-Jun-25 Quarer Ended
31-Mar25		 30-Jun-24 Year Ended
31-Mar25
(1) (2) (3) (4)
Unaudited Audited# Unaudited Audited
1 Revenue fom operatons
a.Sale of prducts 2966.01 3402.88 2676.63 1137.27
b. Other operting revenues 74.16 93.62 59.67 320.70
Total Revenue fom operatons 3040.17 3496.50 2736.30 11697.97
2 Other income 34.95 43.57 35.07 174.97
3 Total Income 3075.12 3540.07 271.37 11872.94
4 Expenses
a. Cost of materials consumed 1409.03 1482.76 1357.95 5602.99
b.Purchases of stock-in-trade 33.71 29.55 29.12 95.89
c.Changes in inventories of fnished goods,work-in-prgress and stockin
trade		 (2392) 175.54 (39.06) 23.27
d. Employee benefts expense 229.60 230.06 2 1 1.1 7 869.11
e.Finance cost 60.37 7.57 75.70 296.35
f.Depreciation and amorisation expense 165.51 157.71 155.05 629.96
g.Power and fuel 309.94 279.61 284.50 1127.06
h. Exchange currency fluctuation (gain) / loss (4.55) 47.63 23.13 113.3
i. Other expenses 362. 375.26 337.51 141.50
Total expenses 2542.13 2850.69 2435.07 10168.56
5 Proft befre tax fr the period 532.99 689.38 336.30 1704.38
6 Tax expense
- Tax expense 135.99 178.05 86.36 439.57
- Tax adjustment related to earlier years - (1.83) - (3.26)
7 Net Proft afer tax for the period 397.00 513.16 249.94 1268.07
8 Oher Comprehensive Income
A Items that wil not be reclassifed to proft or loss
(i)a) Gain / (loss) on remeasurement of defned benef obligation (3.58) (3.90) (3.8) (0.28)
(i)b) Income tax on item (i)a) above 0.90 0.98 0.88 0.07
B.Items that wil be reclassifed to prft or loss
(i)a) Efective porion of gainI(loss) on hedging instruments in a cash
flow hedge		 (1.18) 98.11 51.86 (6.08)
(i)b) Income tax on item (i)a) above 2.56 (24.69) (13.05) 1.53
(ii)a) Cost of hedging resere (0.21) (0.91) (4.54)
(ii)b) Income tax onitem (ii)(a) above - 0.05 0.23 1.1 4
9 Total Other Comprehensive IncomeI(loss) for the period (10.30) 70.34 3553 (8.16)
1 Total Comprehensive Income fr the period 386.70 583.50 285.47 1259.91
1 1 Paid up equit share capital (Rs.10 each fuly paid up) 296.2 296.2 296.2 296.2
12 Other equit excluding revaluation resere 11660.04 11271.21 10503.86 11271.21
1 3 Net Worh* 11956.6 11567.63 10800.28 11567.63
14 Capital Redemption Resere 10.8 1.8 10.8 10.8
15 Basic and Diluted EPS for the period (not annualised) 13.39 17.31 8.3 42.78

Net Worth = Paid up share capital (excluding forfeited shares) + Other equity # Refer note 6

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SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

.;Q SSE

SRF LIMITED

Registered Office:The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110091

Tel. No (Regd office) : (+91-11) 49482870 Fax : (+91-11) 49482900

E-mail: [email protected]:www.srf.com CIN - L181010L1970PLC005197

STATEMENT OF STANDALONE UNAUDITED SEGMENT INFORMATION FOR THE QUARTER ENDED JUNE 30, 2025

(Rs.inCrores)
Standalone
Quarer Ended Year Ended
Pariculars 30-Jun-25 31-Mar-25 30-Jun-24 31-Mar25
(1) (2) (3) (4)
Unaudited Audited# Unaudited Audited
Segment Revenue
a) Technical Textiles Business (TTB) 466.55 458. 525.29 2029.05
b) Chemicals Business (CB) 1832.53 2331.92 1467.52 6649.59
c) Perormance Films and Foil business (PFB) 646.17 618.71 622.96 2599.86
d) Others 94.92 87.3 126.16 427.54
Total Segment Revenue 3040.17 3496.50 2741.93 11706.04
Less:Inter Segment Revenue - 5.63 8.07
Revenue from Operatons 3040.17 3496.50 2736.30 11697.97
Segment Results
(Prof before interest and tax from each Segment)
a) Technical Textles Business (TB) 37.51 39.96 67.56 237.51
b) Chemicals Business (CB) 495.7 742.27 307.05 1659.50
c) Perormance Films and Foil business (PFB) 88.3 67.75 46.73 254.85
d) Others 13.3 12.0 23.57 68.83
Total Segment Results 635.09 862.38 4.91 2220.69
Less/(Add):
i) Finance Cost 60.37 7.57 75.70 296.35
ii) Other Unalocable Expenses (net of income) 41.73 100.3 32.91 219.96
Proft before tax fr the period 532.99 689.38 336.30 1704.38
Segment Assets
a) Technical Texiles Business (TB) 2181.7 2210.05 2102.89 2210.05
b) Chemicals Business (CB) 1122091 10858.57 1079.30 10858.57
c) Perormance Films and Foil business (PFB) 2424.14 2374.07 247.98 2374.07
d) Others 257.20 217.12 17.0 217.12
Total segment assets 16084.02 15659.81 15502.57 15659.81
e) Unalocable 2173.68 237061 2211.02 2370.61
Total 18257.70 18030.42 1713.59 18030.42
Segment Labiities
a) Technical Texiles Business (TB) 380.80 410.91 557.6 410.91
b) Chemicals Business (CB) 1 1 5 1 . 2 7 1109.55 1 5.76 1109.55
c) Perormance Fims and Foil business (PFB) 481.31 480.95 648.18 480.95
d) Others 58.9 43.7 57.75 43.7
Total segment labilities 2071.87 2045.18 2269.15 2045.18
e) Unallocable 4228.35 4416.59 4643.13 4416.59
Total 6300.22 6461.7 6912.28 6461.7

Refer note 6

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SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only

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SRF LIMITED

Registered Office:The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110091

Tel. No (Regd office) : (+91-11) 49482870 Fax: (+91-11) 49482900

E-mail: [email protected]:www.srf.com CIN - L 18101DL 1970PLC005197

NOTES TO STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

  • The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 23, 2025. The review report of the Statutory Auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on the standalone results, visit the Investors section of our website at www.srf.com and financial results at "Corporates Announcements" section of www.nseindia.com and www.bseindia.com.

  • 2 These financial results of the Company have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.

  • 3 The Board at its meeting held today has approved first interim dividend for 2025-26 of Rs.4.00 per fully paid up equity share of Rs.1 O eac aggregating Rs. 118.57 Crores.

  • 4 The listed commercial papers aggregating to Rs. 200 crores were outstanding as on June 30, 2025. The Company's commercial paper programme has been rated as CRISIL A1+ by CRISIL and IND A1+ by India Ratings. During the quarter ended June 30, 2025, the Company has repaid all commercial papers due and payable on the respective due dates.

  • 5 Additional disclosures as per Clause 52 (4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

(Ratios/ percentages (Ratios/ percentages (Ratios/ percentages as applicable) as applicable)
Standalone
SI
No.		 Pariculars 30-Jun-25 Quarer Ended
31-Mar-25		 30-Jun-24 Year Ended
31-Mar-25
(1) (2) (3) (4)
Unaudited Audited Unaudited Audited
1 Debt serice coverageratio [(Earnings beforedeprcation,interest andtax­ 3.13 1.2 2.07 1.82
current tax)/ (Gross interest and lease payments + scheduled principal
repayment of longtermdebts)] - Notannualised
2 Interest serice coverage ratio[(Earings before depreciation,interest and tax­ 9.39 9.90 5.80 6.89
current tax)IGross interest and leasepayments] - Notannualised
3 Bad debts to accounts receivable ratio% (Bad debts including provisionfor 0.01% 0.06%
doubtul debts/Average tradereceivables) - Notannualised
4 Debtors turover (Sale of prducts/Average tradereceivables)-Annualised 6.57 8.07 6.84 6.89
5 Inventor turover(Sale of prducts/Averageinventor)- Annuaised 6.9 6.99 5.9 6.14
6 Opertingmargin% (Earings before interest and taxITotal revenue frm 19.52% 21.79% 15.06% 17.10%
opertions including other operatingincome) - Notannualised
7 Net prft margin% (Profafer tax/Total revenue frm operatonsincluding 13.06% 14.68% 9.13% 10.84%
other operatngincome) - Notannnualised
8 Debt equitratio(Total debt including lease liabilties/ Ttal equit) 0.26 0.29 0.34 0.29
9 Long termdebt to woringcapital[(Non curent borrwings + current maturities 1.27 1.44 2.37 1.44
of long termborrwings + lease liabilities)/ Woring capital]
10 Total debts to total assets (Total debt including lease liabilities/Total assets) 0.1 0.19 0.21 0.19
11 Curent ratio(Total curent assets/Total current liabilites) 1.6 1.2 1.25 1.2
12 Curent liabilty ratio (Total curent liabilites/Total liabilities) 0.57 0.56 0.61 0.56

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URUGRA
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SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only

✓o SSE

SRF LIMITED

Registered Office:The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi- 110091

Tel. No (Regd office) : (+91-11) 49482870 Fax : (+91 - 11) 49482900

E-mail: [email protected] Website: www.srf.com CIN - L 18101 DL 1970PLC005197

NOTES TO STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

  • 6 The figures for the quarter ended March 31 , 2025 are the balancing figures between the audited figures in respect of full financial year and published year to date figures upto third quarter of the relevant financial year. The figures upto the end of the third quarter had only been reviewed and not subject to audit.

  • 7 Limited Review:

  • The Limited Review, as required under Regulation 33 and Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 as amended has been completed by the Statutory Auditors.

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Place : Gurugram
Date : July 23, 2025
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Ashish Bharat Ram
Chairman and Managing Director
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8
GURUG
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SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only

Building No. 10 , 12th Floor, Tower-C DLF Cyber City, Phase - II Gurugram - 122 002, India Tel: +91 124 719 1000 Fax: +91 124 235 8613

B S R & Co. LLP Chartered Accountants

Limited Review Report on unaudited consolidated financial results of SRF Limited for the quarter ended 30 June 2025 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/ HS/P/CIR/2021/613 dated 10 August 2021, as amended

To the Board of Directors of SRF Limited

  • 1 . We have reviewed the accompanying Statement of unaudited consolidated financial results of SRF Limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended 30 June 2025 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 , as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 1 0 August 2021 , as amended.

  • This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34), prescribed under Section 133 of the Companies Act, 2013 , and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021 , as amended. Our responsibility is to express a conclusion on the Statement based on our review.

  • We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 0 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

  1. The Statement includes the results of the following entities: Parent: SRF Limited

Subsidiaries:

  • a. SRF Global BV

  • b. SRF Flexipak (South Africa) (Pty) Limited

  • c. SRF Industries (Thailand) Limited

  • d. SRF lndustex Belting (Pty) Limited

  • e. SRF Europe Kft

  • f. SRF Holiday Home Limited

  • g. SRF Altech Limited

  • h. SRF Middle East LLC

  • i. SRF Employees Welfare Trust (controlled trust)

  • 5 Attention is drawn to the fact that the figures for the three months ended 31 March 2025 as reported in the Statement are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit.

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Registered Office:

14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063

B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013

Page 1 of 2

8 S R & Co. LLP

Limited Review Report (Continued)

SRF Limited

  1. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

  2. We did not review the interim financial information of three Subsidiaries included in the Statement, whose interim financial information reflects total revenues (before consolidation adjustments) of Rs. 719.61 crores, total net profit after tax (before consolidation adjustments) of Rs. 24.66 crores and total comprehensive income (before consolidation adjustments) of Rs. 24.71 crores, for the quarter ended 30 June 2025, as considered in the Statement. These interim financial information have been reviewed by other auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

  3. All of these subsidiaries are located outside India whose interim financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Parent's management has converted the interim financial information of such subsidiaries located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent's management. Our conclusion in so far as it relates to the balances and affairs of such subsidiaries located outside India is based on the reports of other auditors and the conversion adjustments prepared by the management of the Parent and reviewed by us.

Our conclusion is not modified in respect of this matter.

  1. The Statement includes the interim financial information of four Subsidiaries which have not been reviewed, whose interim financial information reflect total revenues (before consolidation adjustments) of Rs. 47.38 crores, total net profit after tax (before consolidation adjustments) of Rs. 6.29 crores and total comprehensive income (before consolidation adjustments) of Rs. 6.29 crores, for the quarter ended 30 June 2025, as considered in the Statement. According to the information and explanations given to us by the Parent's management, these interim financial information are not material to the Group.

Our conclusion is not modified in respect of this matter.

For B S R & Co. LLP

Gurugram 23 July 2025

Chartered Accountants .:101248W/W-100022 101248W/W-100022 Partner ' Membership No.: 077569 UDIN:25077569BMOWB4254

Firm's Registration No.:101248W/W-100022 101248W/W-100022

Page 2 of 2

✓o SF

SRF LIMITED

CONSOLIDATED FINANCIAL RESULTS

FOR THE QUARTER ENDED JUNE 30, 2025

SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only.

✓o SSFF

SRF LIMITED

Registered Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi - 110091 Tel. No (Regd office): (+91-11) 49482870 F ax : (+91-11) 49482900

E-mail: [email protected]:www.srf.com CIN L18101DL1970PLC005197

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

(Rs. in Crores, except per share data) (Rs. in Crores, except per share data) (Rs. in Crores, except per share data)
Consoldated
Quarer Ended Year Ended
S.No.
Pariculars		 30-Jun-25 31-Mar-25 30-Jun-24 31-Mar-25
(1) (2) (3) (4)
Unaudited Audited# Unaudited Audited
Revenue fom operations
1
2
3
4		 a) Sale of prducts
b) Other operatng revenues
Total Revenue from operations
Other income
Total Income
Expenses
a) Cost of materials consumed		 3738.58
80.04
3818.62
29.12
3847.74
1931.22





4215.17
98.17
4313.34
34.9
4347.83
1994.86		 3402.23
61.89
3464.12
25.26
3,489.38
1824.50		 14358.15
334.92
14693.07
132.7
14825.79
7574.20
b) Purchases of stock-in-trade 41.00
31.23		 40.13 124.86
5 c) Changes in inventories of fnished goods,work-in-prgress and
d) Employee benefts expense
e) Finance costs
f Depreciation and amorisation expense
g) Power and fuel
h) Exchange curency fuctuation (gain) / loss
i) Other expenses
Total expenses
Proft befre tax fr the period		 stock in trade (61.52)
27.26
79.90
203.24
362.73
(8.69)
446.78
3271.92
575.82








206.35
276.15
89.39
195.15
333.98
45.12
468.24
3640.47
707.36		 (37.57)
252.19
96.54
188.16
341.73
17.24
422.8
3145.40
343.98		 0.10
1042.47
375.96
71.50
1351.87
1 1 9.1 7
1761.96
13122.09
1703.70
6 Tax expense
- Tax expense 143.50
183.13		 91.76 456.18
- Tax adjustment related to earlier years (1.83) (3.26)
7 Net Proft afer tax for the period 432.32
526.06		 252.22 1250.78
8 Other Comprehensive Income
9
1 0		 A Items that wil not be reclassifed to prft or loss
(i) (a) Gain /(loss) on remeasurements of the defned beneft obligaton
(i) (b) Income tax on item (i) (a) above
B Items that wil be reclassifed to prf or loss
(i) (a) Efective porion of gain/ (loss) on hedging instruments in a cash
fow hedge
(i) (b) Income tax on item (i) (a) above
(ii) (a) Cost of hedging resere
(ii) (b) Income tax on item (ii) (a) above
(iii) Exchange diferences on translation of foreign operatons
Total Other Comprehensive Income /(loss) for the period
Total Comprehensive IncomeI(loss) for the period		 (3.75)
0.93
(10.13)
2.56
49.7
39.33
471.65






(4.27)
0.97
96.79
(24.69)
(0.21)
0.05
18.19
86.83
612.89		 (3.54)
0.89
51.1
(13.05)
(0.91)
0.23
7.81
42.84
295.06		 (0.73)
0.07
(7.16)
1.53
(4.54)
1.1 4
1 1 1 . 0 7
101.38
1352.16
m - 1 1
Paid up equity share capital (Rs.10 each fuly paid up)
12
Other equity excluding revaluation resere
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Net Worh
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12625.18
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1175.32
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12625.18
10.8
42.20

-�o SF

SRF LIMITED

Registered Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi - 11 91 Tel. No (Regd office): ( + 91-11) 49482870 Fax: ( + 91-11) 49482900

E-mail: [email protected]:www.srf.com CIN-Ll8101DL1970PLC005197

STATEMENT OF CONSOLIDATED UNAUDITED SEGMENT INFORMATION FOR THE QUARTER ENDED JUNE 30, 2025

(Rs. in Crores)
Consolidated
Quarer Ended Year Ended
Pariculars 30-Jun-25
(1)		 31-Mar-25
(2)		 30-un-24
(3)		 31-Mar-25
(4)
Unaudited Audited# Unaudited Audited
Segment Revenue
a) Technical Textiles Business (TTB) 466.55
458.		 525.29
2029.05
b) Chemicals Business (CB) 1838.95
2355.31		 1482.00
6690.75
c) Perormance Films&Foi Business (PFB) 1418.0
1412.16		 1336.30
5553.80
d) Others 94.92
87.3		 126.16
427.54
Totl Segment Revenue 3818.62
4313.34		 3469.75
14701.14
Less:Inter Segment Revenue -
-		 5.63
8.07
Revenue fom Operations 3818.62
4313.34		 3464.12
14693.07
Segment Result
(Prft befre Interest and Tax fom each Segment)
a) Technical Textiles Business (TTB) 37.64
40.10		 67.70
238.05
b) Chemicals Business (CB) 502.92
748.9		 306.1
1664.80
c) Perormance Films&Foil Business (PFB) 140.20
104.62		 86.75
364.53
d) Others 13.3
12.0		 23.57
68.83
Totl Segment Result 694.19
905.61		 484.43
2336.21
Less/(Add):
i) Finance Costs 79.90
89.39		 96.54
375.96
ii) Oher Unalocable Expenses (net of income) 38.47
18.86		 43.91
256.55
Proft befre tx fr the period 575.82
707.36		 343.98
1703.70
Segment Asset
a) Technical Textiles Business (TTB) 2170.93
2199.07		 2091.51
2199.07
b) Chemicals Business (CB) 11268.31
10875.0		 171.61
10875.0
c) Perormance Films&Foil Business (PFB) 6926.69
6645.73		 6499.20
6645.73
d) Ohers 257.20
217.12		 197.0
217.12
Totl segment asset 20623.13
19937.12		 19559.72
19937.12
e) Unalocable 1498.63
1620.00		 1399.28
1620.00
Totl 22121.76
21557.12		 20959.00
21557.12
Segment Labilities
a) Technical Textiles Business (TTB) 380.80
410.91		 557.6
41.91
b) Chemicals Business (CB) 1173.07
1 1 1 4 . 5 3		 112.94
1 1 1 4.5 3
c) Perormance Films&Foil Business (PFB) 1599.57
1494.26		 1494.89
1494.26
d) Others 58.9
43.77		 57.75
43.7
Totl segment liabilities 3211.93
3063.47		 3123.04
3063.47
e) Unalocable 5809.83
5867.5		 6059.62
5867.5
Totl 9021.76
8930.92		 9182.66
8930.92
.
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vO SSE

SRF LIMITED

Registered Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi - I I 0091 Tel. No (Regd office): (+91-11) 49482870 Fax : (+91-11) 49482900

E-mail: [email protected] Website: www.srf.com CIN - L 1 8 1 0 I DL 1970PLC005 l 97

NOTES TO CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

The above results of SRF Limited (the Company) and its subsidiaries (Company and its subsidiaries together referred to as "the Group) were reviewed by the Audit Committee and has been approved by the Board of Directors at its meeting held on July 23, 2025. Following entities are subsidiaries of the Company:

  • i. SRF Holiday Home Limited

  • ii. SRF Altech Limited

  • iii. SRF Employees Welfare Trust ( Controlled Trust)

  • iv. SRF Global BV

  • v. SRF Europe Kft

  • vi. SRF Industries (Thailand) Limited

  • vii. SRF Middle East LLC

  • viii. SRF Flexipak (South Africa) (Pty) Limited

  • ix. SRF Industex Belting (Pty) Limited

The Limited review report of the Statutory Auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on the consolidated results, visit the Investors section of our website at www.srf.com and financial results at "Corporate A ouncements" section ofwww.nseindia.com and www.bseindia.com.

  • 2 These financial results of the Group have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.

  • 3 The listed commercial papers aggregating to Rs. 200 crores were outstanding as on June 30, 2025. The Company's commercial paper programme has been rated as CRIS IL A 1+ by CRIS IL and IND A 1 + by India Ratings. During the quarter ended June 30, 2025, the Company has repaid all commercial papers due and payable on the respective due dates.

  • 4 Additional disclosures as per Clause 52 (4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 20 1 5 :

(Ratios/ percentages (Ratios/ percentages as applcabl)
Consoldated
Quarter Ended Year Ended
S No. Particulars 30-Jun-25 31-Mar-25 30Jun-24 31-Mar-25
() (2) (3) (4)
Unaudited Audited Unaudited Audited
1 Debt serice coverge ratio {(Earings befre depreciation,interest 2.58 16 182 157
and tax - curent Tax)I(Grss Interest and lease payments+scheduled
principal repayment ofong ter debts)}- Not annualsed
2 Interest serice coverge ratio {(Earings befre depreciation,interest 8.55 9.07 5.28 6.14
and tax - curent tax)/Grss interest and lease payments)} - Not
annualsed
3 Baddebts to accounts receivable rtio % (Bad debts including - 0.03% 0.08%
prvision fr doubtfl debtsIAverge trde receivables)-Not
annualised
4 Debtor turover (Sale of prductsIAverge trde receivables)­ 6.70 8.1 1 6.77 6.98
Annualsed
5 Inventor turover (Sale of prductsIAverge Inventor)- Annualsed 6.23 6.75 5.67 6.14
6 Operting margin % (Earings befre interest and tax/Total revenue 17.17% 18.7% 12.7% 14.15%
fom opertionsincuding other operting income) - Not annualsed
7 Net prft margin% (Prft afer taxITotal revenue fom opertions 11.32% 12.20% 7.28% 8.51%
incuding other opertingincome) - Not annualsed
8 Debt equitrtio (Total debt incuding lease labilties/Ttal equit) 0.35 0.37 0.3 0.37
9 Long terdebt toworking capital 3.17 4.1 1 1.54 4.1 1
{(Non curent borowings+curent maturitoflong ter borowings+
lease liabilties)/Working capital}
10 Total debts to Total assets 0.21 0.22 0.24 0.22
(Total debt incuding lease labilties/Ttal assets)
1 1 Curent ratio(Toal
crent assets/Total curentliabilities)
q
A		 1 . 1 7 1.1 3 105 1.1 3
12 gg?Rosan=tee
'a)
LIM		 0.61 0.61 0.63 0.61
&.7
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triceduse]-Thismail,documentcan be usedbyrecipients foritintendedpurpose only.
'yDk		 .

SRF - General [ Restricted use] - This mail, document can be used by recipients for its intended purpose only.

�o SF

SRF LIMITED

Registered Office: The Galleria, DLF Mayur Vihar, Unit No. 236 & 237, Second Floor, Mayur Vihar Place, Noida Link Road, Mayur Vihar Phase I Extn, Delhi - I 1009 I Tel. No (Regd office) : (+91-11) 49482870 Fax : ( + 9 1 - 1 1 ) 49482900

E-mail: [email protected] Website: www.srf.com CIN - L I 810 IDL I 970PLC005 I 97

NOTES TO CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025

  • 5 The Board at its meeting held today has approved first interim dividend for 2025-26 of Rs. 4 per fully paid up equity share of Rs. IO each, aggregating Rs. 118 . 57 crores.

  • 6 The figures of the last quarter ended March 3 I , 2025 are the balancing figures between the audited figures in respect of full financial year and published year to date figures upto third quarter of the relevant financial years. The figures upto the end of the third quarter had only been reviewed and not subject to audit.

  • 7 Limited Review :

  • The Limited Review, as required under Regulation 33 and Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated August I 0, 2021 as amended has been completed by the Statutory Auditors.

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For and on behalf of the Board
----- End of picture text -----

==> picture [93 x 45] intentionally omitted <==

Place: Gurugram Date : July 23, 2025

==> picture [123 x 24] intentionally omitted <==

----- Start of picture text -----

Ashish Bharat Ram
Chairman and Managing Director
----- End of picture text -----

==> picture [86 x 39] intentionally omitted <==

==> picture [100 x 86] intentionally omitted <==

----- Start of picture text -----

c 'O.
o
GURUG
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SRF - General [Restricted use] - This mail, document can be used by recipients for its intended purpose only

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