DCM Shriram reported flat growth yoy in Dec-20 quarter consolidated revenues at Rs2,158.74cr. There was a sharp fall in sugar output during the quarter on a yoy basis but a smart improvement in the revenues from Shriram Farm Solutions.
For the Dec-20 quarter, the consolidated operating profits were up 49.78% at Rs348.16cr. This was largely achieved through much better inventory management. As a result, operating margin or OPM expanded from 10.59% in the Dec-19 quarter to 16.13% in Dec-20 quarter.
Consolidated Profit after tax (PAT) for the Dec-20 quarter was up 44.85% at Rs252.55cr as the operational benefits more than compensated for the higher tax outgo in the current quarter. PAT margins expanded from 7.94% in Dec-19 to 11.70% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
|
|
DCM Shriram |
|
|
|
|
|
Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
|
Total Income (Rs cr) |
₹ 2,158.74 |
₹ 2,194.55 |
-1.63% |
₹ 2,046.88 |
5.46% |
|
Operating Profit (Rs cr) |
₹ 348.16 |
₹ 232.44 |
49.78% |
₹ 162.01 |
114.90% |
|
Net Profit (Rs cr) |
₹ 252.55 |
₹ 174.35 |
44.85% |
₹ 118.37 |
113.36% |
|
|
|
|
|
|
|
|
Diluted EPS (Rs) |
₹ 6.25 |
₹ 11.25 |
|
₹ 7.63 |
|
|
OPM |
16.13% |
10.59% |
|
7.91% |
|
|
Net Margins |
11.70% |
7.94% |
|
5.78% |
|
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