SRF Q3 up 52%

Chennai, Jan 22 (UNI) SRF Limited today reported a 52 per cent increase in Q3 2007 revenues to Rs 450.36 crore.

A press release here said PAT was also up 418 per cent to Rs 70.11 crore with EPS at Rs 10.33.

Commenting on the financial performance, Company Chairman Arun Bharat Ram said "commissioning of capacity expansion projects in Gwalior and Manali are the significant events during this quarter.

The expanded capacity of yarn and fabric would add to the company's turnover in the months to come, ''he said adding maintaining the trend from earlier quarters, cash flows from the transfer of Certified Emission Receipts (CERs) were strong.

UNI