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(11 May 2024, 07:33)

Sharda Cropchem consolidated net profit declines 27.84% in the March 2024 quarter

Sales decline 11.46% to Rs 1312.05 crore


Net profit of Sharda Cropchem declined 27.84% to Rs 143.47 crore in the quarter ended March 2024 as against Rs 198.83 crore during the previous quarter ended March 2023. Sales declined 11.46% to Rs 1312.05 crore in the quarter ended March 2024 as against Rs 1481.82 crore during the previous quarter ended March 2023.

For the full year,net profit declined 90.68% to Rs 31.88 crore in the year ended March 2024 as against Rs 341.96 crore during the previous year ended March 2023. Sales declined 21.81% to Rs 3163.02 crore in the year ended March 2024 as against Rs 4045.16 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales1312.051481.82 -11 3163.024045.16 -22
OPM %19.4221.48 -8.9415.90 -
PBDT252.66322.80 -22 339.00678.86 -50
PBT198.41255.14 -22 71.87430.74 -83
NP143.47198.83 -28 31.88341.96 -91

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