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Q1 Results: Sharda Cropchem Expects 20% Revenue Growth This Year

Sharda Cropchem expects its operational margin to improve over the coming quarters.

Mahima Kapoor
A tractor spreads fertilizer onto a field of wheat (Photographer: Chris Ratcliffe/Bloomberg)

Agro-chemicals maker Sharda Cropchem Ltd. expects its revenue to grow between 15 percent and 20 percent in the ongoing financial year.

Shares of Sharda Cropchem snapped their three-day gains, falling as much as 7.5 percent—the most in over seven months.

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