DCM Shriram Limited’s chemical projects under execution are getting impacted given the significant rise in commodity price and even execution may see delays of about 2-3 months, impacted by 2nd and 3rd wave of Covid-19 and excessive/untimely rains though the returns on the project continue to be healthy. Commenting on the performance for the quarter, Ajay Shriram, Chairman & Senior Managing Director, and Vikram Shriram, Vice Chairman & Managing Director said, “This quarter was very challenging for our businesses. High and volatile commodity prices along with supply constraints made the operating environment very dynamic for Chloro-vinyl and Fenesta businesses. Erratic rains made supply chain management difficult for our Agri inputs businesses. We are glad that overall our businesses did well despite these challenges. Chloro-Vinyl business witnessed almost unidirectional increase in input costs especially energy prices. This was led by global factors such as increas...