SRF's Q2 profit rises 31% to ₹509 crore; board approves ₹600 crore battery foil plant

What happened

• SRF reported a consolidated net profit of ₹509.12 crore for the September 2026 quarter against ₹388.18 crore a year earlier, up 31.2%, according to Upstox and Free Press Journal. Upstox noted profit was down 32.9% from ₹758.87 crore in the June quarter.
• Revenue from operations was ₹4,904.2 crore, up 34.7% from ₹3,640.19 crore. EBIT was ₹816 crore against ₹650 crore, up 26%. Free Press Journal gave first-half profit as ₹1,268 crore against ₹820 crore.
• Performance Films and Foil revenue rose 51% to ₹2,122 crore, with operating profit up 73% to ₹206 crore. Chemicals revenue rose 25% to ₹2,079 crore, while its operating profit rose 10% to ₹528 crore, per Free Press Journal.
• Free Press Journal reported that SRF approved ₹600 crore for a battery-grade aluminium foil facility of 12,000 tonnes a year for lithium-ion and sodium-ion batteries, with the first phase due by September 2028 and the second by September 2030.
• The shares closed at ₹2,296 on Kite data, down 5.59% from ₹2,432, after an intraday low of ₹2,260, which is also the 52-week low.

Why it matters

Good to know: EBIT is operating profit before interest and tax. Companies with several businesses report it for each segment, which is why SRF's chemicals and films figures can move in different directions in one quarter.

Key facts

Net profit

₹509.12 crore (₹388.18 crore a year earlier), up 31.2%

Revenue

₹4,904.2 crore, up 34.7%

EBIT

₹816 crore (₹650 crore), up 26%

Films and Foil operating profit

₹206 crore, up 73%

Battery foil plant

₹600 crore, 12,000 tonnes a year

Read the source

• SRF Q2 results: Net profit jumps 31% YoY to ₹509 crore, EBIT soars 26%; check numbersUpstox
• SRF Q2 Net Profit Surges 31% To Rs 509 Crore, Company Approves Rs 600 Crore Investment For New Battery Foil Manufacturing PlantFree Press Journal