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.

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Net profit of Sharda Cropchem rose 55.18% to Rs 136.42 crore in the quarter ended March 2020 as against Rs 87.91 crore during the previous quarter ended March 2019. Sales rose 14.83% to Rs 773.13 crore in the quarter ended March 2020 as against Rs 673.28 crore during the previous quarter ended March 2019.

For the full year,net profit rose 33.23% to Rs 191.89 crore in the year ended March 2020 as against Rs 144.03 crore during the previous year ended March 2019. Sales rose 0.77% to Rs 1616.07 crore in the year ended March 2020 as against Rs 1603.71 crore during the previous year ended March 2019.

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Sharda Cropchem will hold a meeting of the Board of Directors of the Company on 24 June 2020.

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Sharda Cropchem announced that the Board of Directors of the Company at its meeting held on 26 February 2020, has recommended a Second Interim dividend of Rs.2 per share (i.e.20%), subject to the approval of the shareholders.

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