DCM Shriram Ltd's Q3FY19 consolidated net profit rises 5.8% yoy to Rs225.65cr

The company’s consolidated revenue in the quarter stood at Rs2,115.24cr, up 18.6% yoy and 24.42% qoq.

Jan 29, 2019 01:01 IST India Infoline Research Team

DCM Shriram Ltd Q3FY19

Consolidated Results Q3FY19: (in Rs cr)

Q3FY19 YoY (%)
Revenue 2,115.24 18.6
EBITDA 336.79 2.1
EBITDA Margin (%) 15.9 [257]
Net Profit (adjusted) 225.65 5.8
***EBITDA margin change is bps
DCM Shriram Ltd's consolidated revenue for Q3FY19 came in at Rs2,115.24cr, up 18.6% yoy. The operating profit for the quarter came in at Rs336.79cr, a marginal increase of 2.1% yoy. The company's EBITDA margin contracted ~257bps yoy to 15.9% in Q3FY19. The adjusted net profit (attributable to shareholders) for the quarter stood at Rs225.65cr, up 5.8% yoy.

Technical View:

DCM Shriram Ltd ended at Rs304.85, up 0.75 points, or 0.25%, from its previous close of Rs304.10 on the BSE. The scrip opened at Rs301.50 and touched a high and low of Rs314.25 and Rs285.05, respectively. A total of 73,584 (NSE+BSE) shares were traded on the counter. The stock traded above its 200-DMA.

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