Sharda Cropchem Reports Strong Q1 Results, Targets 15% Revenue Growth 1 day ago Yesterday
Sharda Cropchem Limited reported robust Q1 financial results with revenue up 25% to Rs. 984.80 crore, EBITDA increasing 67% to Rs. 142.20 crore, and net profit surging 424% to Rs. 142.80 crore. The company saw growth in both Agrochemicals (25% increase) and Non-Agrochemicals (31% increase) segments. Europe remained a key contributor with 43% growth in Agrochemicals. The company aims for 15% revenue growth and 15-18% EBITDA margins for the fiscal year, supported by a strong pipeline of 2,981 product registrations and 1,021 pending applications. Sharda Cropchem maintains a debt-free status with Rs. 791.00 crore in cash and investments.
Sharda Cropchem Reports Strong Q1 Results with 25% Revenue Growth and 424% PAT Surge 1 day ago Yesterday
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