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DCM Shriram to invest Rs 1,000 cr on greenfield epoxy resin plant over next few yrs

DCM Shriram to invest Rs 1,000 cr on greenfield epoxy resin plant over next few yrs
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DCM Shriram: DCM Shriram to invest Rs 1,000 cr on greenfield epoxy resin plant over next few yrs

DCM Shriram, a diversified agri firm, plans to invest Rs 1,000 crore in a greenfield plant for epoxy resin manufacturing in the Advanced Materials domain. The company s Epichlorohydrin plant in Jhagadia, Gujarat is near completion.

India s DCM Shriram posts 54% fall in Q4 profit as costs surge

India s DCM Shriram Ltd reported a 53.5% fall in its fourth-quarter profit on Tuesday, hurt by a rise in raw material and power costs.. | May 2, 2023

DCM Shriram Ltd Q2FY22 consolidated PAT marginally higher at Rs 157 87 crore

DCM Shriram Ltd Q2FY22 consolidated PAT marginally higher at Rs 157 87 crore
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DCM Shriram Q4 PAT climbs 15% YoY

DCM Shriram reported 15.1% rise in consolidated net profit to Rs 231.72 crore on 16.7% increase in net sales to Rs 2174.92 crore in Q4 FY21 over Q4 FY20. Vinyl business revenues climbed 109% at Rs 272 crore, driven by PVC prices up 70% and carbide prices up 59%. Overall sugar revenues up 22% YoY at Rs 1,021 crore while chemicals business revenues remained flat at Rs 355 crore in Q4 FY21. Fenesta business revenues were up 40% YoY at Rs 118 crore led by both retail and projects segment. Retail order booking was up 54% YoY. Fertilizers revenues, however, declined by 28.3% to Rs 215 crore in Q4 FY21 from Rs 300 crore in Q4 FY20.

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