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DCM Shriram standalone net profit declines 34.27% in the March 2018 quarter

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Capital Market

Sales decline 3.34% to Rs 1537.26 crore

Net profit of DCM Shriram declined 34.27% to Rs 61.86 crore in the quarter ended March 2018 as against Rs 94.11 crore during the previous quarter ended March 2017. Sales declined 3.34% to Rs 1537.26 crore in the quarter ended March 2018 as against Rs 1590.34 crore during the previous quarter ended March 2017.

For the full year,net profit rose 31.87% to Rs 688.44 crore in the year ended March 2018 as against Rs 522.07 crore during the previous year ended March 2017. Sales rose 18.69% to Rs 6768.64 crore in the year ended March 2018 as against Rs 5702.78 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1537.261590.34 -3 6768.645702.78 19 OPM %6.0414.98 -15.4014.13 - PBDT85.64224.76 -62 1023.93787.20 30 PBT49.51193.20 -74 885.46676.13 31 NP61.8694.11 -34 688.44522.07 32

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

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