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DCM Shriram: Temporary blip in profit but better results likely ahead
Aug 10: DCM Shriram has reported a 6 per cent decline in its consolidated net profit at Rs 218.34 crore for the first quarter of this fiscal. But thi s is expected to be only a temporary blip.
8However, total income from operations rose marginally to Rs 2,077.66 crore during April-June period of 2018-19 fiscal from Rs 2,065.03 crore in the corresponding period of the previous year. 
8Meanwhile, margin and working capital pressures in sugar business led to PAT going down by 6.5 per cent, the company said in a statement. 
8The company is also strengthening the product portfolio to achieve sustained growth. 
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