From Pistons to Profits: Shriram’s ₹1.47 Billion Q4 Surprise and ₹10 Dividend Turn Heads

Shriram Pistons & Rings Ltd. has completed the March quarter with a good financial performance, highlighting its firm position in the auto components industry. The firm posted a consolidated revenue from operations of ₹9.88 billion and a consolidated net profit of ₹1.47 billion during the quarter. In a gesture that benefits shareholders, the board has also announced a dividend of ₹10 per share.

 

Key Highlights:

Shriram Pistons & Rings' recent results show its strength and shareholder value commitment, giving a positive direction for the next fiscal year.

 

Source: Moneycontrol, BlinkX, INDmoney, Eulerpool