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DCM Shriram net up 64 pc in fourth quarter.

Asia Africa Intelligence Wire

| May 11, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

New Delhi, May 10 - DCM Shriram Consolidated Ltd (DSCL) has reported a 64 per cent jump in net profits during the fourth quarter of 2004-05 at Rs 39.44 crore, as compared to Rs 24.1 crore earned in the corresponding period of the previous fiscal.

The company's net revenues were higher by 59 per cent at Rs 461.35 crore during the period , a company release said.

The company's operating profits increased by 17 per cent to Rs 59.33 crore during the last three months of 2004-05, the release said.

DSCL's net profit was up 36 per cent at Rs 104.43 crore during the financial year 2004-05, as compared to the previous fiscal. …

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