DCM Shriram reported 15.1% rise in consolidated net profit to Rs 231.72 crore on 16.7% increase in net sales to Rs 2174.92 crore in Q4 FY21 over Q4 FY20.
Vinyl business revenues climbed 109% at Rs 272 crore, driven by PVC prices up 70% and carbide prices up 59%. Overall sugar revenues up 22% YoY at Rs 1,021 crore while chemicals business revenues remained flat at Rs 355 crore in Q4 FY21. Fenesta business revenues were up 40% YoY at Rs 118 crore led by both retail and projects segment. Retail order booking was up 54% YoY. Fertilizers revenues, however, declined by 28.3% to Rs 215 crore in Q4 FY21 from Rs 300 crore in Q4 FY20.
DCM Shriram consolidated net profit rises 15 13% in the March 2021 quarter
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DCM Shriram standalone net profit rises 31 49% in the December 2020 quarter
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DCM Shriram consolidated net profit rises 44 47% in the December 2020 quarter
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