SRF Q2 FY27 results at a glance
SRF LTD Q2 FY27 key results metrics| Quarter | Q2 FY27 |
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| Quarter ended | 30 Sept 2026 |
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| Revenue | ₹4,803 cr |
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| Revenue YoY | — |
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| Operating profit | ₹780 cr |
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| Operating margin | 16.2% |
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| Net profit | ₹509 cr |
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| Net profit YoY | — |
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| Net profit QoQ | -32.9% |
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| Net margin | 10.6% |
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| Basic EPS | ₹17.18 |
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| TTM revenue | ₹17,886 cr |
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| TTM net profit | ₹2,283 cr |
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| TTM net margin | 12.8% |
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SRF Q2 FY27 results: what the numbers say
SRF LTD (SRF) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹4,803 cr and a net profit of ₹509 cr, translating into earnings per share of ₹17.18.
Operating profit for the quarter stood at ₹780 cr, an operating margin of 16.2%.
SRF quarter-wise results table
Operating profit
₹780 cr
— YoY
SRF LTD (SRF) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 FY272026-09-30 | ₹4,803 cr | ₹780 cr | ₹509 cr | 16.2% | 10.6% | ₹17.18 | — | -32.9% |
| Q1 FY272026-06-30 | ₹4,939 cr | ₹1,116 cr | ₹759 cr | 22.6% | 15.4% | ₹25.60 | +75.5% | +30.4% |
| Q4 FY262026-03-31 | ₹4,532 cr | ₹932 cr | ₹582 cr | 20.6% | 12.8% | ₹19.63 | — | +34.5% |
| Q3 FY262025-12-31 | ₹3,612 cr | ₹603 cr | ₹433 cr | 16.7% | 12.0% | ₹14.60 | — | +0.1% |
| Q1 FY262025-06-30 | ₹3,739 cr | ₹618 cr | ₹432 cr | 16.5% | 11.6% | ₹14.58 | — | — |
| TTM (last 4 quarters) | ₹17,886 cr | ₹3,431 cr | ₹2,283 cr | 19.2% | 12.8% | ₹77.01 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
SRF quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
SRF LTD quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 |
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| Revenue / Sales | ₹4,803 cr | ₹4,939 cr | ₹4,532 cr | ₹3,612 cr | ₹3,739 cr |
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| Total expenses | ₹4,023 cr | ₹3,823 cr | ₹3,600 cr | ₹3,008 cr | ₹3,121 cr |
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| Gross profit | ₹2,203 cr | ₹2,482 cr | ₹2,249 cr | ₹1,776 cr | ₹1,828 cr |
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| Operating profit (EBIT) | ₹780 cr | ₹1,116 cr | ₹932 cr | ₹603 cr | ₹618 cr |
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| Operating margin | 16.2% | 22.6% | 20.6% | 16.7% | 16.5% |
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| Interest cost | ₹70.94 cr | ₹68.62 cr | ₹61.96 cr | ₹65.5 cr | ₹79.9 cr |
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| Profit before tax | ₹671 cr | ₹979 cr | ₹757 cr | ₹452 cr | ₹576 cr |
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| Tax expense | ₹162 cr | ₹220 cr | ₹175 cr | ₹19.01 cr | ₹144 cr |
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| Effective tax rate | 24.1% | 22.5% | 23.1% | 4.2% | 24.9% |
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| Net profit (PAT) | ₹509 cr | ₹759 cr | ₹582 cr | ₹433 cr | ₹432 cr |
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| Net profit margin | 10.6% | 15.4% | 12.8% | 12.0% | 11.6% |
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| Basic EPS | ₹17.18 | ₹25.60 | ₹19.63 | ₹14.60 | ₹14.58 |
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| Diluted EPS | ₹17.18 | ₹25.60 | ₹19.63 | ₹14.60 | ₹14.58 |
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SRF results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 |
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| Revenue YoY | — | +32.1% | — | — | — |
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| Revenue QoQ | -2.8% | +9.0% | +25.5% | -3.4% | — |
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| Operating profit YoY | — | +80.6% | — | — | — |
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| Operating profit QoQ | -30.1% | +19.7% | +54.5% | -2.4% | — |
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| Net profit YoY | — | +75.5% | — | — | — |
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| Net profit QoQ | -32.9% | +30.4% | +34.5% | +0.1% | — |
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| EPS YoY | — | +75.6% | — | — | — |
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| EPS QoQ | -32.9% | +30.4% | +34.5% | +0.1% | — |
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SRF annual results history
Full-year performance for SRF LTD, useful for reading each quarter in context.
SRF LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹15,416 cr | ₹14,358 cr | ₹12,910 cr | ₹14,592 cr |
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| Total expenses | ₹12,648 cr | ₹12,283 cr | ₹10,914 cr | ₹11,528 cr |
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| Gross profit | ₹7,505 cr | ₹6,556 cr | ₹6,107 cr | ₹7,113 cr |
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| Operating profit (EBIT) | ₹2,768 cr | ₹2,075 cr | ₹1,997 cr | ₹3,064 cr |
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| Operating margin | 18.0% | 14.5% | 15.5% | 21.0% |
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| Interest cost | ₹246 cr | ₹347 cr | ₹275 cr | ₹159 cr |
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| Profit before tax | ₹2,302 cr | ₹1,704 cr | ₹1,692 cr | ₹2,824 cr |
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| Tax expense | ₹466 cr | ₹453 cr | ₹357 cr | ₹662 cr |
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| Effective tax rate | 20.3% | 26.6% | 21.1% | 23.4% |
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| Net profit (PAT) | ₹1,835 cr | ₹1,251 cr | ₹1,336 cr | ₹2,162 cr |
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| Net profit margin | 11.9% | 8.7% | 10.3% | 14.8% |
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| Basic EPS | ₹61.91 | ₹42.20 | ₹45.06 | ₹72.95 |
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| Diluted EPS | ₹61.91 | ₹42.20 | ₹45.06 | ₹72.95 |
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Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹4,803 cr, and ₹4,939 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue declined -2.8%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹4,023 cr, or 83.8% of revenue.
Margins, tax and profitability
Net profit of ₹509 cr works out to a net margin of 10.6%.
Below the operating line, SRF LTD reported profit before tax of ₹671 cr, a tax charge of ₹162 cr (effective rate 24.1%), interest cost of ₹70.94 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹759 cr in Q1 FY27 to ₹509 cr in Q2 FY27, a change of -32.9%.
Trailing twelve months and annual context
Across the trailing four quarters SRF LTD has generated revenue of ₹17,886 cr and net profit of ₹2,283 cr, a trailing net margin of 12.8%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹15,416 cr with net profit of ₹1,835 cr and EPS of ₹61.91, versus the prior year where revenue grew +7.4% and profit grew +46.7%.
What to watch in the next SRF quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
SRF results coverage
SRF results date history
SRF LTD past board meeting dates for financial results| Board meeting date | Purpose | Details |
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| 21 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
SRF quarterly results FAQs
What were SRF LTD (SRF) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), SRF LTD reported revenue of ₹4,803 cr and net profit of ₹509 cr. EPS stood at ₹17.18.
What is SRF profit margin in Q2 FY27?
SRF LTD posted a net profit margin of 10.6% and an operating margin of 16.2% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹17,886 cr and net profit ₹2,283 cr.
Did SRF results beat the previous quarter?
SRF LTD net profit changed -32.9% quarter on quarter, from ₹759 cr in Q1 FY27 to ₹509 cr in Q2 FY27.
When are SRF LTD (SRF) quarterly results?
SRF LTD has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see SRF latest quarterly results?
Our latest SRF results coverage — "SRF Limited Q2 FY27 Results: Net Profit ₹509 cr, Revenue from operations ₹4,904 cr" — breaks down revenue, profit, margins and management commentary.
What is SRF LTD annual revenue and profit?
For FY26, SRF LTD reported full-year revenue of ₹15,416 cr and net profit of ₹1,835 cr, with EPS of ₹61.91.
How many quarterly results has SRF declared recently?
SRF has held 1 recent board meetings for financial results, the last on 21 Oct 2026.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 28 Oct 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.