DCM Shriram Industries announced that the 32th Annual General Meeting (AGM) of the company will be held on 12 August 2023.

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Net profit of DCM Shriram Industries rose 94.63% to Rs 31.53 crore in the quarter ended March 2023 as against Rs 16.20 crore during the previous quarter ended March 2022. Sales declined 18.49% to Rs 527.95 crore in the quarter ended March 2023 as against Rs 647.72 crore during the previous quarter ended March 2022.

For the full year,net profit declined 9.18% to Rs 60.16 crore in the year ended March 2023 as against Rs 66.24 crore during the previous year ended March 2022. Sales rose 11.60% to Rs 2326.91 crore in the year ended March 2023 as against Rs 2085.06 crore during the previous year ended March 2022.

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DCM Shriram Industries will hold a meeting of the Board of Directors of the Company on 25 May 2023.

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DCM Shriram Industries announced that the Board of Directors of the Company at its meeting held on 14 February 2023, has recommended a Interim dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.

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