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DCM Shriram reports 56% rise in Q1 consolidated net profit

30 Jul 2014 Evaluate

DCM Shriram has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged 44.22% at Rs 178.65 crore as compared to Rs 123.87 crore for the quarter ended June 30, 2013. Its total income from operations has increased by 7.66% to Rs 1676.65 crore for the quarter under review from Rs 1557.42 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company’s net profit surged 55.77% at Rs 177.33 crore for the quarter as compared to Rs 113.84 crore for the same quarter in the previous year. Total income from operations has increased by 9.19% at Rs 1704.42 crore for quarter under review as compared to Rs 1561.03 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
Grasim Industries 3211.80
DCM Shriram 1002.00
3M India 32101.00
Hindustan Foods 612.00
Balmer Lawrie & Co 165.40
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