DCM Shriram Q1 Results: Profit jumps 13% to Rs 114 cr, revenue rises to Rs 3,477 cr

DCM Shriram Limited announced a 13 percent rise in net profit for the June quarter. The company's total income also increased significantly. However, a retrospective duty on ethanol exports impacted earnings. Ajay Shriram and Vikram Shriram expressed concerns about sugar policy. The company is also expanding into advanced materials with an acquisition.