Q1FY23 Quarterly Result Announced for Sharda Cropchem Ltd.
Agrochemicals company Sharda Cropchem Announced Q1FY23 Result : Revenue growth led by better price realization and product mix. Gross Margins have been impacted by weakening of €/$ and increase in freight costs EBITDA and Margin impacted due to lower GP Margins and increase in freight costs . PAT was impacted by higher depreciation and forex losses of Rs. Rs. 43.2 cr. in Q1 FY23 vs. Gain of Rs. 11.5 cr. in Q1 FY22 impacting to the tune of Rs. 54.7 Crs. Result PDF25-07-2022