DCM Shriram announced a sharp rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 55.77% to Rs 1,773.30 million from Rs 1,138.40 million in the same quarter last year.
Net sales for the quarter rose 9.19% to Rs 17,044.20 million, compared with Rs 15,610 million for the prior year period.
Earnings per share for the quarter stood at Rs 10.91, registering 59.04% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 17,044.20 | 15,610.30 | 9.19 |
| Net Profit | 1,773.30 | 1,138.40 | 55.77 |
| Basic EPS | 10.91 | 6.86 | 59.04 |
Shares of the company declined Rs 3, or 1.89%, to settle at Rs 155.50. The total volume of shares traded was 6,862 at the BSE (Monday).
