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DCM Shriram reports 15% rise in Q4 consolidated net profit

05 May 2021 Evaluate

DCM Shriram has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 9.61% in its net profit at Rs 233.16 crore for the quarter under review as compared to Rs 212.71 crore for the same quarter in the previous year. Total income of the company increased by 15.07% at Rs 2,205.43 crore for Q4FY21 as compared Rs 1,916.53 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.89% in its net profit after share of profit of joint venture and non-controlling interest at Rs 231.24 crore for the quarter under review as compared to Rs 201.27 crore for the same quarter in the previous year. Total income of the company increased by 15.17% at Rs 2,221.42 crore for Q4FY21 as compared Rs 1,928.77 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 10.92% in its net profit at Rs 662.48 crore as compared to Rs 743.67 crore for the previous year. However, total income of the company increased by 6.80% at Rs 8,301.66 crore for year under review as compared to Rs 7,772.97 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 6.06% in its net profit after share of profit of joint venture and non-controlling interest at Rs 673.28 crore as compared to Rs 716.71 crore for the previous year. However, total income of the company increased by 6.74% at Rs 8,400.23 crore for year under review as compared to Rs 7,869.55 crore for year ended March 31, 2020.

Peers
Company Name CMP
Grasim Industries 3177.00
DCM Shriram 988.30
3M India 31541.05
Hindustan Foods 596.50
Balmer Lawrie & Co 164.10
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