DCM Shriram Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- DCM Shriram Ltd reported a 13.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.0%.
- Its expenses for the quarter were up by 3.7% QoQ and 12.7% YoY.
- The net profit increased 316.6% QoQ and increased 9.0% YoY.
- The earnings per share (EPS) of DCM Shriram Ltd stood at 16.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3407.90 | 3011.22 | 3070.21 | 13.2% | 11.0% |
Total Expenses | 3022.38 | 2915.45 | 2681.44 | 3.7% | 12.7% |
Profit Before Tax | 385.52 | 95.77 | 388.77 | 302.5% | -0.8% |
Tax | 123.38 | 32.85 | 148.29 | 275.6% | -16.8% |
Profit After Tax | 262.14 | 62.92 | 240.48 | 316.6% | 9.0% |
Earnings Per Share | 16.80 | 4.00 | 15.40 | 320.0% | 9.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
DCM Shriram Ltd is a diversified business conglomerate with a presence across various segments including chemicals, sugar, and agriculture-related businesses. The company is involved in the production of fertilizers, chloro-vinyl, and cement, among other products. As a player in the chemical and agricultural industry, DCM Shriram Ltd operates under a business model that focuses on both industrial production and agribusiness, reflecting its integrated approach to value creation across multiple sectors. Recent developments have seen the company enhancing its production capabilities and expanding its market reach, consistent with its growth strategy. Note that specific recent developments were not provided in the available data.
Revenue
In Q3FY25, DCM Shriram Ltd reported a total income of ₹3407.90 crores, marking a 13.2% increase from the previous quarter (Q2FY25) where the total income was ₹3011.22 crores. Comparing year-over-year performance, there is an 11.0% increase from Q3FY24 when the total income was ₹3070.21 crores. These figures highlight the growth in revenue on both a quarterly and annual basis, indicating the company's ability to generate higher sales or income during the reported period. The revenue growth reflects the company's strategic initiatives in its diverse business operations.
Profitability
For the quarter ending in Q3FY25, DCM Shriram Ltd achieved a profit before tax (PBT) of ₹385.52 crores, demonstrating significant growth of 302.5% quarter-over-quarter compared to ₹95.77 crores in Q2FY25. Year-over-year, the PBT showed a slight decline of 0.8% from ₹388.77 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 stood at ₹262.14 crores, representing an increase of 316.6% from the previous quarter's ₹62.92 crores. On a year-over-year basis, the PAT increased by 9.0% from ₹240.48 crores. These profitability metrics are indicative of the company's operational efficiency and cost management during Q3FY25.
Operating Metrics
The total expenses for DCM Shriram Ltd in Q3FY25 were ₹3022.38 crores, a 3.7% increase from Q2FY25's expenses of ₹2915.45 crores, and a 12.7% rise from ₹2681.44 crores in Q3FY24. The tax expenses for the quarter were ₹123.38 crores, increasing by 275.6% from the previous quarter's ₹32.85 crores, but decreasing by 16.8% from ₹148.29 crores year-over-year. Earnings per share (EPS) for Q3FY25 was ₹16.80, substantially higher by 320.0% from ₹4.00 in Q2FY25, and up by 9.1% from ₹15.40 in Q3FY24. These operational metrics provide insight into the company's expense management, tax efficiency, and shareholder value during the period under review.
