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Sharda Cropchem Limited Announces Unaudited Financial Results for Q1 2024

Mumbai, July 24, 2024 — Sharda Cropchem Limited has released its unaudited financial results for the quarter ended June 30, 2024. These results have been approved by the Board of Directors in their meeting held on July 23, 2024, and published in leading newspapers on July 24, 2024.

Key Highlights

Financial Performance:

• Standalone and Consolidated Results: Sharda Cropchem Limited reported its financial performance for the first quarter of 2024, showing growth and stability.

Publication Details:

• Newspaper Advertisements: The financial results were advertised in two prominent newspapers:
  1. The Economic Times (Mumbai Edition, English)
  2. Maharashtra Times (Mumbai Edition, Marathi)

Company's Communication:

In a letter addressed to the National Stock Exchange of India Limited and BSE Limited, Sharda Cropchem Limited detailed the publication of their financial results. The letter was signed by Jetkin Gudhka, the Company Secretary and Compliance Officer, ensuring transparency and adherence to corporate governance.

Financial Performance Overview

Revenue and Profit Margins:

The company's revenue and profit margins for the quarter have shown a positive trend, reflecting effective business strategies and market positioning.

Operational Highlights:

Sharda Cropchem Limited has focused on expanding its product portfolio and market reach, contributing to its financial growth in Q1 2024.

Compliance and Governance

Board of Directors Approval:

The financial results were thoroughly reviewed and approved by the Board of Directors, emphasizing the company's commitment to corporate governance.

Transparency and Disclosure:

Publishing the results in leading newspapers underscores Sharda Cropchem Limited's dedication to transparency and timely disclosure to its stakeholders.

Conclusion

Sharda Cropchem Limited's unaudited financial results for the quarter ended June 30, 2024, reflect a strong start to the year. The company's strategic initiatives and market expansion efforts are paying off, promising continued growth.