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Sharda Cropchem Limited Q3FY23 Earnings

Sharda Cropchem exports agrochemicals (technological grade & formulation) as well as non-agro goods such conveyor belts, rubber belts and sheets, dyes, and dye intermediates to a number of international destinations.

Financial Results:

In Q3 FY23, Company’s net profit increased 6.07% to ₹ 108.40 crore from Rs 102.20 crore in the same quarter the previous year. Sales increased 15.63% to ₹ 1,017 crore in Q3 from Rs 879.81 crores the quarter before, which ended in December 2021. The business reported a profit of Rs. 12.09 crore for Q2 FY23.

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