DCM Shriram net falls 8% - Views on News from Equitymaster

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DCM Shriram net falls 8%

Nov 2, 1999

In 2QFY2000, DCM Shriram's net profit slumped 8%, althought sales have appreciated by 46.9%. A matter of concern for the company is the slump in net profit margin to 3.5%.

  2QFY2000 2QFY1999 Change
Net Sales 2,307 1,571 46.9%
Other Income 10 8 18.3%
Expenditure 1,892 1,178 60.7%
Interest 127 119 7.1%
Depreciation 86 78 11.1%
Profit before Tax 80 87 -7.9%
Tax - -  
Profit after Tax 80 87 -7.9%
Net profit margin 3.5% 5.5%  

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