DCM Shriram Reports 19% Profit Decline Amid 13% Revenue Growth in Q3 FY26

DCM Shriram reported a decline in consolidated net profit for Q3 FY26, falling around 19% year-on-year to approximately Rs 212 crore. Despite this, the company's revenue rose by 13-14% to between Rs 3,785 crore and Rs 4,003 crore, supported by volume growth in chemicals and new project contributions. The company faced higher fixed costs and stabilisation expenses for new plants, partially offset by lower input prices and improved efficiencies. Share prices declined following the mixed financial results.