The Hindu Business Line : DCM Shriram

NEW DELHI: DSCL (DCM Shriram Consolidated Ltd) has posted a net profit of Rs 12.31 crore for the quarter ended December 31, 2002, almost a four-fold increase compared to Rs 3.11 crore in the corresponding period last year.

According to the company, "the improvement in performance is attributed to improved operations in all the segments due to better realisations and continuous efforts on efficiency improvement and cost control."

For this, the company has entered into a comprehensive technology and marketing collaboration with Heywood Williams Group plc of UK (HWG).

The company plans to formally launch its product range in May in North India, to be followed up in the other regions of the country.

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