DCM Shriram Q1 Results: Profit Up 13%, Margin Expands

DCM Shriram Ltd. recorded a 13% rise in its consolidated net profit in the first quarter of the current financial year.

The company's bottom line rose to Rs 113 crore in the June quarter as compared to Rs 100 crore in the year-ago period, according to an exchange filing on Monday.

• Net profit up 13% at Rs 113 crore versus Rs 100 crore.

• Revenue up 13.4% at Rs 3,262 crore versus Rs 2,876 crore.

• Ebitda up 22.9% at Rs 305 crore versus Rs 248 crore.

• Margin expands to 9.3% versus 8.6%.

Shares of DCM Shriram closed 1.41% lower at Rs 1,388 apiece on the BSE, compared to a 0.54% rise in the benchmark Sensex. The stock has risen 38.70% in the last 12 months and 20.54% on a year-to-date basis.