DCM Shriram Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• DCM Shriram Industries Ltd reported a 7.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 5.7%.
• Its expenses for the quarter were down by 7.9% QoQ and up 8.0% YoY.
• The net profit increased 2.6% QoQ and decreased 19.1% YoY.
• The earnings per share (EPS) of DCM Shriram Industries Ltd stood at 2.7 during Q3FY25.

Financial Statments for Q3FY25

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 Industries Ltd is a diversified conglomerate with interests spanning across several sectors, including sugar, chemicals, and textiles. The company is primarily known for its operations in the sugar industry, producing a range of sugar products for both industrial and consumer use. Additionally, DCM Shriram has a significant presence in the chemical sector, manufacturing products like caustic soda and chlorine. The company also has a textile division, producing yarns and fabrics. While specific recent developments for the company are not provided, it operates within industries that are heavily influenced by both domestic and global economic conditions, as well as regulatory changes.

Revenue

In the third quarter of fiscal year 2025, DCM Shriram Industries Ltd reported total income of ₹503.13 crores. This represents a decrease of 7.1% compared to the previous quarter (Q2FY25), where total income was ₹541.39 crores. However, on a year-over-year basis, the company experienced a growth of 5.7% compared to Q3FY24, which recorded a total income of ₹475.95 crores. This data highlights how the company’s revenue has fluctuated, showing a decline in the recent quarter but an overall increase when compared to the same period in the previous year.

Profitability

For the third quarter of fiscal year 2025, DCM Shriram Industries Ltd achieved a profit before tax of ₹36.42 crores, marking a 5.0% increase from ₹34.70 crores in the preceding quarter. However, this figure is a decrease of 16.7% compared to the same quarter in the previous year (Q3FY24), where the profit before tax was ₹43.72 crores. The tax expense for this quarter was ₹13.22 crores, which is an 8.2% increase from the previous quarter's ₹12.22 crores, and a decrease of 12.0% from ₹15.02 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹23.50 crores, reflecting a 2.6% rise from Q2FY25 but a 19.1% decline from Q3FY24's ₹29.05 crores. Earnings per share (EPS) in Q3FY25 was ₹2.70, showing a quarter-over-quarter increase of 3.8% from ₹2.60 and a year-over-year decrease of 18.2% from ₹3.30.

Operating Metrics

Total expenses for DCM Shriram Industries Ltd in Q3FY25 were ₹466.71 crores, which signifies a reduction of 7.9% from the previous quarter's ₹506.69 crores. Year-over-year, there was an increase of 8.0% compared to ₹432.23 crores in Q3FY24. The reduction in total expenses from the previous quarter contrasts with the rise in expenses from the same period last year, indicating a shift in cost dynamics. The company's financial performance, as reflected in its operating metrics, shows variations in the management of income and expenses, affecting profitability and shareholder returns, as seen in the EPS figures.