2 weeks Ago
Sharda Cropchem Q2 Results Live : Sharda Cropchem declared their Q2 results on 25 Oct, 2024, reporting a significant turnaround with a profit of ₹ 42.41 crore. This marks a remarkable increase in revenue by 33.
77% year-on-year, especially when compared to a loss of ₹ 27.58 crore in the same period last fiscal year. However, it is important to note that revenue declined slightly by 1.
05% compared to the previous quarter. The company's selling, general, and administrative expenses saw a decrease of 7.04% quarter-on-quarter, although they increased by 12.
67% year-on-year. In terms of operational performance, Sharda Cropchem reported a substantial increase in operating income, which rose by 67.35% quarter-on-quarter and 152.
52% year-on-year. The earnings per share (EPS) also saw a remarkable increase of 253.59% year-on-year, reaching ₹ 4.
7 for Q2. Investors have seen mixed returns over different timeframes, with Sharda Cropchem delivering a -2.29% return in the last week, but a promising 57.
41% return over the last six months and a 30.47% return year-to-date. The company currently holds a market capitalization of ₹ 5329.
78 crore, with its 52-week high and low standing at ₹ 636.85 and ₹ 318.05, respectively.
Analyst sentiment is cautiously optimistic, with a consensus recommendation to Buy as of 26 Oct, 2024, where out of five analysts, two have given a Hold rating, two a Buy rating, and one a Strong Buy rating. Sharda Cropchem Financials.
