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Wednesday, Jul 28, 2004

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Corporate Results - Diversified

DSCL Q1 PAT up at Rs 14.7 cr

Our Bureau

New Delhi , July 27

DCM Shriram Consolidated Ltd (DSCL) has reported a profit after tax (PAT) of Rs 14.70 crore for the quarter ending June 2004 compared to Rs 12.15 crore reported during the same quarter last fiscal.

The company's gross sales went up by 31 per cent during the period as compared to the previous comparable period.

The Chairman and Managing Director, Mr Ajay S. Shriram, said: "Operations during the quarter was well and the market was supporting. Production levels were also satisfactory. The results would have been better but because of a fertiliser plant shut down from June 17 to July 5. This is a routine shutdown done once every two years. It came in this quarter only."

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