DCM Shriram consolidated net profit declines 36.89% in the March 2024 quarter

Sales decline 11.96% to Rs 2379.06 crore

Net profit of DCM Shriram declined 36.89% to Rs 117.80 crore in the quarter ended March 2024 as against Rs 186.67 crore during the previous quarter ended March 2023. Sales declined 11.96% to Rs 2379.06 crore in the quarter ended March 2024 as against Rs 2702.20 crore during the previous quarter ended March 2023.

For the full year,net profit declined 50.91% to Rs 447.10 crore in the year ended March 2024 as against Rs 910.84 crore during the previous year ended March 2023. Sales declined 5.35% to Rs 10865.12 crore in the year ended March 2024 as against Rs 11479.33 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2379.062702.20 -12 10865.1211479.33 -5 OPM %11.1512.81 -9.1213.99 - PBDT256.83360.11 -29 1001.671673.29 -40 PBT176.52289.23 -39 698.741413.13 -51 NP117.80186.67 -37 447.10910.84 -51

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