India’s DCM Shriram to invest $1.44 billion in Gujarat by 2028

DCM Shriram Ltd has committed to investing Rs 120 billion ($1.44 billion) in the manufacturing of chemical and petrochemical products in Bharuch by 2028. This substantial investment indicates the company’s confidence in the growth prospects of the sector and its commitment to expanding its operations.  As India’s second-largest chlor alkali manufacturer, DCM Shriram aims to … Read more

India’s DCM Shriram Reports 73.5% Growth in Net Profit for Q4 FY22

DCM Shriram Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022. Q4 Results The company’s net profit grew by 73.5% to Rs 4.01 billion for the period ended March 31, 2022 as against Rs 2.31 billion for the period ended March 31, 2021. Net sales increased … Read more

India’s DCM Shriram Reports 38.4% YoY Net Profit Growth in Q3FY22

DCM Shriram Ltd., a chloralkali manufacturer based in India announced its results for the third quarter ended December 31, 2021. Q3 Results- QoQ The company’s net profit grew 121.4% to Rs 3.49 billion for the period ended December 31, 2021 as against net profit of Rs 1.57 billion for the previous quarter. Net sales increased … Read more

India’s DCM Shriram Reports 33.4% Growth in YoY Q2FY21 Net Profit

DCM Shriram Ltd., a chlor-alkali and chloro-vinyl manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQThe company’s net profit grew 0.2% to Rs 157.87 crores ($21 million) for the period ended September 30, 2021 as against net profit of Rs 157.5 crores ($21 million) for the … Read more

DCM Shriram Board Okays Buyout of Axiall’s Stake in Shriram Axiall JV

DCM Shriram receives the board of directors’ approval for acquiring 1,732,500 equity shares of Shriram Axiall (SAPL) from Axiall LLC, which is an entire 50% of the paid-up share capital held by Axiall LLC in the joint venture. Shriram Axiall (SAPL) is a 50:50 joint venture between the company and USA-based Axiall LLC. In its … Read more

India’s DCM Shriram Reports 125% YoY Net Profit Growth in Q1FY21-22

DCM Shriram Ltd., a chlor-alkali and chloro-vinyl manufacturer based in India announced its results for the first quarter ended June 30, 2021. Q1 Results- QoQ The company’s net profit declined 32% to Rs 157.5 crores ($21.1 million) for the period ended June 30, 2021 as against net profit of Rs 231.24 crores ($31 million) for … Read more

DCM Shriram Reports 25% Decline in Net Profit for Q4 2021

DCM Shriram Limited, an Indian Chloralkali and PVC manufacturer announced its results for the final quarter & year ended March 31, 2021. Q4 Results The company’s net profit declined 25% to Rs 19.51 ($2.6 million) for the period ended March 31, 2021 as against a net loss of Rs 25.98 crores ($3.5 million) for the … Read more

DCM Shriram Reports 113.4% Net Profit Growth for Q3 QoQ FY20-21

DCM Shriram Limited., a chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2020. Q3 Results- QoQ The company’s net profit increased 113.4% to Rs 252.55 crores for the period ended December 31, 2020 as against net profit of Rs 118.37 crores for the previous quarter. Net sales grew … Read more

DCM Shriram Reports 69% Net Profit Growth for Q2 FY20-21

DCM Shriram Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2020. Q2 Results- QoQ The company’s net profit grew 69% to Rs 118.37 crores ($16.1 million) for the period ended Septem-ber 30, 2020 as against net profit of Rs 70.10 crores ($9.5 million) for the previous … Read more

DCM Shriram Reports 70% Decline in YoY Net Profit Growth in Q1 FY20-21

DCM Shriram Industries Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2020. Q1 Results- QoQ The company’s net profit dropped 80.4% to Rs 5.09 crores ($0.68 miilion) for the period ended June 30, 2020 as against net profit of Rs 25.98 crores ($3.5 miilion) for the … Read more

DCM Shriram Reports Decline in Profit

DCM Shriram Limited, an Indian Chloralkali and PVC manufacturer has reported financial results for the period ended March 31, 2020. Q4 Results The company’s net profit declined by 29.01% to Rs.207.38 crores ($27.5 million) for the period ended March 31, 2020 as against Rs. 292.14 crores ($38.7 million) for the period ended March 31, 2019. … Read more