DCM Shriram Industries Ltd (DSIL) has registered a net profit of Rs 6.8 crore for the quarter ended March 31, 2011.
The company had reported a net loss of Rs 10.23 crore in the year-ago period, it said in a filing to the Bombay Stock Exchange (BSE) today.
Net sales in the March quarter rose by 7% to Rs 223.64 crore as compared to Rs 208.62 crore in the corresponding period the previous year.
DSIL's operations are based predominantly in Northern India; it has a portfolio of products comprising of sugar, alcohol, chemicals, rayon tyrecord and textiles.
The company shares today closed at Rs 62.90, down 2.71% from its previous close at the BSE.