New Delhi, July 25 -- SRF Ltd is upbeat on the growth prospects of its chemicals business in FY26, which comprises fluorochemicals and specialty chemicals products. The confidence stems from the segment's robust performance in the June quarter (Q1FY26), where revenue grew around 24% year-on-year to Rs.1,839 crore and Ebit (earnings before interest and tax) margin expanded by over 600 basis points year-on-year to 27.3%.

Capacity utilisation improved, led by a demand uptick for key agrochemical intermediates and a higher pricing for the refrigerant gas business. Growth in the fluorochemical business was led by an increase in export volumes while the domestic demand remained weak.

Nonetheless, SRF is positive about the growth of the chemic...