DCM Shriram and SRF Report Strong Q3 Earnings with Mixed Outlook for Specialty Chemicals

DCM Shriram Limited reported a 34% sequential rise in Q3 FY26 net profit to Rs 213 crore, driven by revenue growth across core segments and improved operating performance. SRF Ltd posted a 60% year-on-year increase in consolidated net profit to Rs 433 crore, supported by strong performance in its chemicals business, especially fluorochemicals. However, SRF's specialty chemicals segment faced margin pressures due to aggressive Chinese pricing and deferred demand, leading to cautious outlook despite expected Q4 recovery. Both companies declared interim dividends for FY26.