SRF Reports Strong Profit Surge with Broad-Based Business Gains

16 May 2025 CW Team

SRF Limited, a diversified chemical and industrial solutions company, reported a consolidated revenue of Rs 43.13 billion in the fourth quarter of FY25, rising from Rs 35.7 billion—a year-on-year growth of twenty-one per cent. Profit before tax grew by sixty per cent to Rs 7.07 billion, while earnings before interest and tax rose by forty-seven per cent to Rs 9.06 billion. Net profit stood at Rs 5.26 billion.

The Chemicals Business led the performance with Rs 23.55 billion in revenue, up thirty per cent. Its operating profit reached Rs 7.48 billion. Fluorochemicals saw record domestic refrigerant gas sales. Performance Films and Foil revenue rose to Rs 14.12 billion, while operating profit tripled to Rs 1.05 billion. Technical Textiles revenue declined slightly to Rs 4.58 billion, and the Other Businesses segment fell to Rs 870 million.

For FY25, SRF recorded Rs 146.93 billion in revenue, up twelve per cent. Net profit stood at Rs 12.51 billion. The company applied for twelve new patents during the quarter, totalling four hundred and eighty-one filings to date, with one hundred and fifty-one granted globally.

SRF was recognised for innovation and sustainability by DET Hurun and the Industrial Estate Authority of Thailand.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..