DCM Shriram Industries reports 28% fall in Q1 consolidated net profit

13 Aug 2019

DCM Shriram Industries has reported results for first quarter ended June 30, 2019.

The company has reported fall of 28.30% in its net profit at Rs 16.67 crore for the quarter under review as compared to Rs 23.25 crore for the same quarter in the previous year. Total income of the company decreased by 14.60% at Rs 402.34 crore for Q1FY20 as compared Rs 471.12 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 27.93% in its net profit at Rs 16.90 crore for the quarter under review as compared to Rs 23.45 crore for the same quarter in the previous year. Total income of the company decreased by 14.59% at Rs 402.54 crore for Q1FY20 as compared Rs 471.33 crore for the corresponding quarter previous year.  

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