Automotive Excels and DCS Shriram have released their second quarter results as the stock market closed on Wednesday. Automotive Excels has informed that its profit, income, EBITDA and margin have all seen a decline compared to last year. On the other hand, DCM Shriram's profit has almost doubled compared to last year. During this period, EBITDA has also seen a sharp jump. The impact of the companies' results can be seen on the stock in the next trading session. Read how the quarterly results were

AUTOMOTIVE AXLES Q2

 

The company has informed that its profit has come down from Rs 45 crore to Rs 36 crore as compared to last year. That is, there has been a decline of 20 percent on a year-on-year basis. The same income has come down from Rs 584.4 crore to Rs 494.6 crore during this period, that is, there has been a decline of 15 percent in it. EBITDA has come down from Rs 66 crore to Rs 51 crore as compared to last year. At the same time, EBITDA margin has come down from 11.3 percent to 10.3 percent. DCM SHRIRAM Q2 In the second quarter, the company's profit has increased from Rs 32.2 crore to Rs 63 crore. That is, there has been an increase of about 96 percent in profit. At the same time, the income has increased from Rs 2,825.4 crore to Rs 3,130.1 crore. The company's EBITDA has increased from Rs 114.1 crore to Rs 181.2 crore. At the same time, EBITDA margin has increased from 4 percent to 5.8 percent compared to last year.