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DCM Shriram consolidated net profit declines 67.57% in the March 2018 quarter

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Capital Market

Sales decline 3.30% to Rs 1550.69 crore

Net profit of DCM Shriram declined 67.57% to Rs 50.71 crore in the quarter ended March 2018 as against Rs 156.35 crore during the previous quarter ended March 2017. Sales declined 3.30% to Rs 1550.69 crore in the quarter ended March 2018 as against Rs 1603.66 crore during the previous quarter ended March 2017.

For the full year,net profit rose 21.37% to Rs 669.56 crore in the year ended March 2018 as against Rs 551.68 crore during the previous year ended March 2017. Sales rose 19.11% to Rs 6858.01 crore in the year ended March 2018 as against Rs 5757.67 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1550.691603.66 -3 6858.015757.67 19 OPM %5.5113.87 -15.0913.39 - PBDT74.98214.77 -65 1008.00746.43 35 PBT38.34182.63 -79 867.34632.70 37 NP50.71156.35 -68 669.56551.68 21

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First Published: Apr 25 2018 | 2:48 PM IST

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