SRF Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported total revenue from operations of INR 11,442.0 million compared to INR 9,806.5 million a year ago. Profit before tax was INR 1,593.5 million compared to INR 1,152.8 million a year ago. Profit for the period was INR 1,215.7 million or INR 21.17 per basic and diluted share compared to INR 922.0 million or INR 16.06 per basic and diluted share a year ago. For the nine months, on standalone basis, the company reported total revenue from operations of INR 33,165.6 million compared to INR 30,162.6 million a year ago. Profit before tax was INR 3,712.0 million compared to INR 4,180.9 million a year ago. Profit for the period was INR 2,998.0 million or INR 52.21 per basic and diluted share compared to INR 3,229.3 million or INR 56.24 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company reported total revenue from operations of INR 13,970.6 million compared to INR 12,054.5 million a year ago. Profit before tax was INR 1,727.3 million compared to INR 1,354.8 million a year ago. Profit for the period was INR 1,312.2 million or INR 22.85 per basic and diluted share compared to INR 1,083.7 million or INR 18.87 per basic and diluted share a year ago. The consolidated gross sales of the company grew by 23% from INR 11,330 million to INR 13,970 million in third quarter of fiscal 2018 when compared with corresponding period last year. The company's Earnings before Interest and Tax (EBIT) increased by 20% from INR 1,780 million to INR 2,130 million in third quarter fiscal 2018 when compared with corresponding period last year. The Company's Profit after Tax (PAT) rose 21% from INR 1,080 million to INR 1,310 million in third quarter of fiscal 2018 when compared with corresponding period last year. For the nine months, on consolidated basis, the company reported total revenue from operations of INR 40,726.0 million compared to INR 37,201.5 million a year ago. Profit before tax was INR 4,182.4 million compared to INR 4,928.1 million a year ago. Profit for the period was INR 3,378.0 million or INR 58.83 per basic and diluted share compared to INR 3,857.8 million or INR 67.18 per basic and diluted share a year ago. PAT decreased by 12% from INR 3,860 million to INR 3,380 million over corresponding period last year. SRF's revenue, however increased by 14% from INR 34,960 million to INR 39,770 million over corresponding period last year. The Company's EBIT decreased by 11% from INR 6,100 million to INR 5,440 million over corresponding period last year. The Board approved setting up of a BOPET film line and a Metallizer in Eastern Europe to serve customers in Europe, South America and Russia at an estimated cost of Euro 58 million. Further, the Board approved a proposal to construct a dedicated facility to produce P34, Carbon Monoxide (CO) generation and Ethylene pipeline, all at Dahej at an estimated cost of INR 810 million. The Board also approved the installation of a dipping line brought over from SRF's Overseas erstwhile operations in Dubai, UAE at its Technical Textiles Business manufacturing plant in Gwalior at an additional cash outflow of INR 320 million (approx.).