SRF Limited's sales up 8 per cent at Rs 884 crore

NEW DELHI: The net sales of SRF Limited, a multi-business entity engaged in the manufacture of chemical-based industrial intermediates, increased by 8% to Rs 884 crore for the last quarter of 2013-14 over the corresponding period last year.

But, impacted by the discontinuation of income from certified emission reductions ( CER)s, the company’s net profit after tax ( PAT) declined by 26 % to Rs 53 crore.

“ The company has performed well in a difficult economic scenario. Major investments have been commissioned recently which should provide positive impetus going forward,” said SRF managing director Ashish Bharat Ram.