SRF Q2 earnings preview: Consolidated PAT estimated to decline 30.4% YoY
According to Zee Business research, adjusting for the forex loss to the tune of Rs 36 crore, consolidated profit after tax (PAT) at the specialty chemicals company will decline 30.4 per cent YoY to Rs 335 crore for the quarter under review.
The company’s profitability is seen to take a hit on the back of an increase in financing and depreciation costs. (Image credit: Reuters)