On a consolidated basis, DCM Shriram's net profit soared 124.67% to Rs 157.50 crore on 5.01% increase in total revenue from operations to Rs 2,007.83 crore in Q1 June 2021 over Q1 June 2020.
Profit before tax jumped 140.14% to Rs 215.70 crore in Q1 FY22 as against Rs 89.82 crore in Q1 FY21. The Q1 earnings was declared during trading hours today, 20 July 2021.
DCM Shriram is a diversified company with presence agri-rural business, chlor-vinyl business and value added business (fenesta building systems- UPVC windows & doors).
Shares of DCM Shriram tanked 9.24% to Rs 957.05 on BSE. The stock traded in the range of Rs 955.25 to Rs 1,080.50 during the day.
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