SRF Ltd Q4 PAT declines 11.5 pc

New Delhi, Apr 25 (UNI) Gurgaon-based SRF Ltd today posted a net profit of Rs 49.1 crore for the fourth quarter ended March 2007, registering a decline of 11.5 per cent.

The company recorded a 8.3 per cent jump in revenue at Rs 419.8 crore for Q4FY07. Comparable figures for last fiscal were not available.

For the financial year 2006-07, revenue were up by 39.5 per cent to Rs 1,802.5 crore while overall PAT for the year saw an increase of 175.9 per cent to register at Rs 289.1 crore.

Subject to shareholders aproval, the company recommended a 20 per cent (Rs 2.00 per share) dividend in addition to the 40 per cent interim dividend.

SRF Ltd is an industrial group manufacturing technical textiles, fluorochemicals, packaging films, etc.

UNI