DCM Shriram Ltd, which is into chemicals, sugar, bioseed and fertiliser businesses, on Friday reported a marginal decline in its December quarter consolidated net profit to Rs 342.09 crore. Its net profit stood at Rs 349.57 crore in the year-ago period. Total income rose 21 per cent to Rs 3,417.06 crore during October-December quarter of this fiscal from Rs 2,815.95 crore in the corresponding period of the previous year. During the April-December period of 2022-23 financial year, the net profit rose to Rs 724.17 crore from Rs 664.94 crore a year ago. Total income rose to Rs 9,324.75 crore in the first nine months of the current fiscal from Rs 7,039.67 crore in the corresponding period of the previous year. Ajay Shriram, Chairman & Senior Managing Director, said the company has reported another consistent quarter of robust performance with positive/stable outlook across all the businesses. "The operating environment is very challenging globally. Russia-Ukraine conflict does not ..
The company's profit after tax (PAT) stood at Rs 231.24 crore during the corresponding period of 2020-21
Despite the market volatility, the stock of JINDAL STEEL has been doing really well recently
In the past three months, DCM Shriram has rallied 67 per cent after the company reported a strong operational performance for the quarter-ended December 2020
DCM Shriram Industries on Friday posted a 38.31 per cent decline in consolidated net profit to Rs 15.65 crore for the December 2020 quarter.
The other investors include DCM Shriram Promoters Family and SAIF Partners
Stock price rose by 8.61% to Rs 148.25 a piece on the BSE at 1811 hours