Sharda Cropchem Q3 Results: Shares jump 14% after strong profit growth, margin expansion

Sharda Cropchem Ltd delivered a strong set of December quarter numbers, with profitability and operating margins expanding sharply on the back of robust revenue growth.

The agrochemicals company reported a consolidated net profit of ₹145 crore for Q3, a sharp rise from ₹31 crore in the year-ago period. Revenue grew 38.7% year-on-year to ₹1,288.7 crore, compared with ₹929 crore in the corresponding quarter last year.

Operating performance also improved meaningfully, with EBITDA rising to ₹240.6 crore

from ₹114 crore a year earlier. As a result, EBITDA margin expanded to 18.7% from 12.3% in Q3 last year, reflecting stronger operating leverage during the quarter.

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Following the results, shares of Sharda Cropchem surged in trade. As of 2:59 pm, the stock was trading nearly 14% higher at ₹991.80 on the NSE, indicating a positive market response to the earnings momentum.