United States

SRF gets approval for setting up of facility in Gujarat

Tuesday, 8 Aug 2017 09:09am EDT 

Aug 8 (Reuters) - SRF Ltd :Q1 results of fy18 have been subdued due to headwinds in form of sharp rupee appreciation against the dollar and transitional issues related to GST.Says consolidated gross sales grew by 6.9% to inr 13.88 billion in Q1FY18 when compared with corresponding period last year.SRF - growth expected to revive by the fourth quarter of current FY.Approved setting up of facility to produce specialty chemicals for agro industry in Gujarat at an estimated cost of 850 million rupees.SRF - approved interim dividend of inr 6/share. 

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23 May 2019