Speciality chemicals maker SRF today said its net profit jumped two folds to Rs 92.57 crore for the quarter ended June 30, over the same period last year.
Total income rose to Rs 497.97 crore in the latest quarter, against Rs 473.87 crore in the same period previous fiscal.
The board of director's have approved to buy back shares worth Rs 65 crore from the shareholders at Rs 160 a piece.
Shares of SRF today closed at Rs 144.80 on the BSE, up 0.70 per cent from its previous close.