DCM Shriram Industries consolidated net profit rises 22.55% in the March 2024 quarter

Sales decline 4.87% to Rs 502.23 crore

Net profit of DCM Shriram Industries rose 22.55% to Rs 38.64 crore in the quarter ended March 2024 as against Rs 31.53 crore during the previous quarter ended March 2023. Sales declined 4.87% to Rs 502.23 crore in the quarter ended March 2024 as against Rs 527.95 crore during the previous quarter ended March 2023.

For the full year,net profit rose 91.81% to Rs 115.39 crore in the year ended March 2024 as against Rs 60.16 crore during the previous year ended March 2023. Sales declined 11.63% to Rs 2056.18 crore in the year ended March 2024 as against Rs 2326.91 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales502.23527.95 -5 2056.182326.91 -12 OPM %13.7511.08 -10.926.12 - PBDT65.0157.31 13 211.50126.85 67 PBT55.0848.16 14 172.5890.95 90 NP38.6431.53 23 115.3960.16 92

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