Sharda Cropchem reports 34.10% rise in net profit in Q4 FY20  

The sales of the company rise 14.71% to Rs 875.56 crore in March 2020.  

source-public domain(trademarkia.com)

source-public domain(trademarkia.com)

 

 

 

Net profit of Sharda Cropchem rose 34.10% to Rs 141.65 crore in the quarter ended March 2020 as against Rs 105.63 crore during the previous quarter ended March 2019.

Sales rose 14.71% to Rs 875.56 crore in the quarter ended March 2020 as against Rs 763.30 crore during the previous quarter ended March 2019.

For the full year,net profit declined 6.62% to Rs 164.66 crore in the year ended March 2020 as against Rs 176.34 crore during the previous year ended March 2019.

Sales rose 0.27% to Rs 2003.02 crore in the year ended March 2020 as against Rs 1997.56 crore during the previous year ended March 2019.

Sharda Cropchem Limited is engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally.  Its core strength lies in identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations or generic active ingredients in fungicide, herbicide and insecticide segments. The company has also recently entered into the biocide segment and has acquired several registrations from the existing registration holders, primarily, in Europe.

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