DCM Shriram shares jump after Q1 net profit rises to ₹693 crore

Shares of DCM Shriram surged in early trade on Wednesday after the company reported a significant improvement in its June-quarter financial performance. The stock gained as much as 12.54% to reach an intraday high of ₹1,186.50 on the BSE, outperforming the broader market.The rise in the stock followed strong earnings reported by the company for the first quarter of financial year 2027.DCM Shriram posted a consolidated net profit of ₹693 crore in Q1FY27, compared with ₹113 crore in the corresponding quarter last year. The sharp rise in profit was partly supported by exceptional gains worth ₹79.42 crore.DCM Shriram's Consolidated Net Profit Rises To ₹693.44 Crore In Q1 FY27, Revenue At ₹3,784.67 Crore The exceptional income included ₹11.74 crore from the sale of a 50% stake in its wholly owned subsidiary to Teknor Apex B.V. and ₹67.68 crore from the sale of surplus land at Mokila village associated with its Bioseed business.The company’s revenue from operations increased 9.3% year-on-year to ₹3,565 crore from ₹3,262 crore in the previous year’s quarter. Growth was driven mainly by strong performance in the chemicals business and Fenesta Building Systems.Revenue from the chemicals segment increased 33% year-on-year, while Fenesta Building Systems recorded 22% growth. The company said improvement in profit before depreciation, interest and tax was largely contributed by the Chemicals and Vinyl segment, which grew 30%.Sensex Surges Over 800 Points, Nifty Jumps Over 1% As IT Stocks Lead Four-Day Rally At the operating level, EBITDA increased 10.9% to ₹336 crore from ₹303 crore a year earlier. EBITDA margin also improved marginally to 9.4% in Q1FY27 from 9.3% in the same period last year.Commenting on the results, Chairman and Senior Managing Director Ajay Shriram and Vice Chairman and Managing Director Vikram Shriram said the quarter was challenging due to global uncertainties, geopolitical tensions and disruptions in energy markets.They noted that the West Asia conflict affected supply chains and increased inflationary pressures, while uneven monsoon conditions temporarily impacted rural consumption. However, they highlighted that India’s industrial growth outlook remained strong due to stable domestic fundamentals.

The sharp increase was aided by exceptional gains of Rs 79.42 crore, including Rs 11.74 crore from the sale of a 50% stake in its wholly owned subsidiary to Teknor Apex B.V. and Rs 67.68 crore from...

Mumbai: DCM Shriram Limited announced on Thursday that its consolidated net profit after tax rose to ₹693.44 crore for the quarter ended 30 June 2026. This marks a substantial increase compared to ₹113.82 crore in the corresponding quarter of the previous year.Revenue PerformanceConsolidated revenue from operations for the quarter ended 30 June 2026 was ₹3,784.67 crore, up from ₹3,455.18 crore reported in the quarter ended 30 June 2025. Total consolidated income for the quarter reached ₹3,812.29 crore.Exceptional Items ImpactThe company's consolidated profit before tax for the quarter ended 30 June 2026 was ₹274.15 crore. This figure includes exceptional items, notably a gain of ₹11.74 crore from the sale of a 50% equity stake in Shriram Polytech Limited and a gain of ₹67.68 crore from the sale of surplus land at Mokila village. DCM Shriram Hit With ₹1.59 Crore Income Tax Penalty, Company Challenges FY22 Assessment OrderTax AdjustmentsTax adjustments related to earlier years included a current tax reversal of ₹98.05 crore and a deferred tax asset recognition of ₹376.25 crore. These adjustments followed a favourable judgement from the Income Tax Appellate Tribunal on 3 July 2026, relating to the claim under Section 80-IA of the Income Tax Act, 1961.Segment ResultsFor the quarter, the Chemicals and Vinyl segment reported revenue of ₹1,391.84 crore, while Sugar and Ethanol contributed ₹1,031.62 crore. The Fenesta Building Systems segment posted revenue of ₹303.08 crore.DCM Shriram Q4 Profit Jumps 112% To ₹371 Crore On Deferred Tax Gain; FY26 Revenue Crosses ₹13,796 Crore Earnings Per ShareConsolidated earnings per share (basic/diluted) after exceptional items stood at ₹44.42 for the quarter ended 30 June 2026. This is an increase from ₹7.27 in the year-ago quarter.Disclaimer: This report is based on the company's filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.