Sharda Cropchem: volume slowdown leads to earnings cuts2 min read . Updated: 11 Aug 2015, 12:26 AM IST
Negative currency movements hit the firm's revenue growth in the March quarter too, but what is stark in the last quarter is the deceleration in volumes
The belief that its presence across many regions will cushion Sharda Cropchem Ltd from the vagaries of operating in one country took a beating after the firm reported weak performance for the June quarter. Revenues increased by a tepid 3% from the year-ago quarter. That’s in contrast to the March quarter, when they were up almost 18%.
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