Sharda Cropchem Ltd Q1FY24 consolidated loss at Rs. 88.63 crores

Sharda Cropchem Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 663.7688 crores during the period ended June 30, 2023 as compared to Rs. 1488.8669 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -88.6399 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 198.8348 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -9.82 for the period ended June 30, 2023 as compared to Rs. 22.04 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 663.7688 crs	₹1488.8669 crs	-55.42%
Net Profit	₹-88.6399 crs	₹198.8348 crs	-144.58%
EPS	₹-9.82	₹22.04	-144.56%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 663.7688 crores during the period ended June 30, 2023 as compared to Rs.844.7811 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-88.6399 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.22.6399 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-9.82 for the period ended June 30, 2023 as compared to Rs.2.51 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 663.7688 crs	₹844.7811 crs	-21.43%
Net Profit	₹-88.6399 crs	₹22.6399 crs	-491.52%
EPS	₹-9.82	₹2.51	-491.24%

Shares of Sharda Cropchem Limited was last trading in BSE at Rs. 480.60 as compared to the previous close of Rs. 513.40. The total number of shares traded during the day was 129229 in over 7518 trades.

The stock hit an intraday high of Rs. 537.20 and intraday low of 473.25. The net turnover during the day was Rs. 64815883.00.

Source : Equity Bulls

Keywords

ShardaCropchem Q1FY24 ResultUpdate