DCM Shriram reports nearly six-fold jump in Q4 net profit at Rs 293 cr

DCM Shriram Wednesday reported nearly six-fold jump in net profit at Rs 293 crore for the fourth quarter of last fiscal.

Its net profit stood at Rs 51 crore in the year-ago period, the company, which is into chemicals, sugar, fertiliser and seed businesses, said in a regulatory filing.

Net revenue from operations rose 21 per cent to Rs 1,888 crore from Rs 1,566 crore in the year-ago period. During 2018-19, net profit increased 35 per cent to Rs 906 crore from Rs 670 crore in the year-ago period.

Net revenues rose 13 per cent to Rs 7,771 crore in the last