Sharda Cropchem Ltd delivered exceptional financial performance in Q3, with consolidated net profit surging to ₹145 crore from ₹31 crore in the corresponding quarter last year. The agrochemicals company's revenue grew 38.7% year-on-year to ₹1,288.7 crore, compared with ₹929 crore in Q3 of the previous year.
Operating performance improved significantly during the quarter, with EBITDA rising to ₹240.6 crore from ₹114 crore a year earlier. As a result, EBITDA margin expanded substantially to 18.7% from 12.3% in Q3 last year, reflecting stronger operating leverage during the quarter. This margin improvement demonstrates enhanced operational efficiency and better cost management across the business.
Following the results announcement, shares of Sharda Cropchem surged in post-earnings trade, with the stock trading nearly 14% higher at ₹991.80 on the NSE as of 2:59 pm. The positive market response indicates investor confidence in the company's earnings momentum and operational improvements during the quarter.
