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SRF scouts for recovery in chemicals business as earnings visibility suffers
Source: Live Mint SRF Ltd’s September quarter (Q2FY25) results drew a lukewarm response from the Street, with the underperformance in its core chemicals segment and muted growth in the packaging films business weighing on investor sentiment. Consolidated Ebitda came in at ₹538 crore, down 13% year-on-year, falling short of the consensus estimate of ₹631 crore. …