DCM Shriram reports over two-fold jump in Q1 profit at Rs 158 cr

DCM Shriram on Tuesday posted an over two-fold jump in consolidated net profit at Rs 157.5 crore for the quarter ended June 30, 2021.

Its net profit stood at Rs 70.10 crore in the year-ago period.

Total income rose to Rs 2,025.11 crore during April-June 2021-22 from Rs 1,938.44 crore in the corresponding period of the previous year, according to a regulatory filing. Delhi-based DCM Shriram is engaged in manufacturing of sugar, fertilisers, chloro-vinyl and bioseeds.