DCM Shriram Industries saw its shares surge by 3% after the company announced strong Q1 results for FY25. The company’s EBITDA increased by 49.1%, with a margin of 8%, up from 5.7% year-on-year.
The company’s topline rose by 4.63%, while profit saw a substantial increase of 77.27% compared to the same period last year. However, compared to the previous quarter, revenue grew by 21.41% but profit decreased by 14.86%.
Operating income was down 12.68% quarter-on-quarter, but saw a significant year-on-year increase of 71.8%. The company’s earnings per share (EPS) stood at ₹6.43 for Q1, reflecting a 77.13% year-on-year increase.
Despite this positive quarterly performance, DCM Shriram Industries delivered a modest 1.52% return over the last week, a 2.05% return over the last six months, and a year-to-date return of -1.56%.
As of 11:55 AM, the company’s shares were trading 2.90% higher at ₹219.39 on the NSE.
