DCM Shriram Industries Limited on May 27 announced its financial results for the fourth quarter and full year ended Mar 31, 2024.
Performance overview:
Revenue from operations at 511.69 crore in March 2024 compared to Rs. 534.72 crore in March 2023.
Quarterly Net Profit at Rs. 38.64 crore in March 2024 compared to Rs. 31.53 crore in March 2023.
DCM Shriram basic and diluted EPS has increased to Rs.4.44 in March 2024 compared to Rs. 3.62 in March 2023.
For the full year, net profit rose to Rs 115.39 crore in the year ended March 2024 as against Rs 60.16 crore during the previous year ended March 2023. Total revenue from operations declined to Rs 2082.90 crore in the year ended March 2024 as against Rs 2350.92 crore during the previous year ended March 2023.
The company’s board did not recommended a final dividend in view of the need for conservation of resources for debt servicing and expected capital expenditures. The interim dividend of Rs. 2 per share (100%), declared on 28-03-2024 and paid, has been taken as final dividend for the year ended 2023-24.
It decided to hold the 33rd Annual General Meeting of the Company on Wednesday the 07th August, 2024 through Video Conference / Other Audio Visual Means.
Click here to read financial results of DCM Shriram Industries Limited
