DCM Shriram Ltd Q2 net profit drops 34pc on higher expenses

New Delhi, Oct 26 (PTI) DCM Shriram Ltd on Monday posted a 34.09 per cent drop in consolidated net profit to Rs 104.60 crore for the second quarter of 2026-27 due to higher expenses.

The company had clocked a net profit of Rs 158.72 crore in the year earlier, according to a regulatory filing.

Total income declined by 20 per cent to Rs 4,178.26 crore in the second quarter of this fiscal year, from Rs 3,531.26 crore a year ago.

However, the company’s expenses rose by 22.55 per cent to Rs 4,025.86 crore as against Rs 3,285.40 crore in the said period.

The Board has declared an interim dividend of Rs 4 per equity share of Rs 2/- each, aggregating to Rs 62.38 crore. DCM Shriram has 15 subsidiaries and one joint venture firm, Shriram Teknor Ltd. PTI LUX

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