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UPL Q4 results: Net profit zooms 147% to Rs 617 crore; announces Rs 6 dividend
−− It had posted a net profit of Rs 250 crore in the corresponding quarter last year.
May. 25, 2020
UPL Limited
IndiaFollow
India
UPL Limited on Friday posted 146.80 per cent year-on-year (YoY) rise in net profit at Rs 617 crore for the quarter ended March 31. It had posted a net profit of Rs 250 crore in the corresponding quarter last year.
Analysts in an ETNow poll had projected the number at Rs 870 crore.
Revenue of the company increased 30.68 per cent YoY to Rs 11,141 crore during the quarter under review.
The board recommended a dividend of Rs 6 per share.
Consolidated EBITDA increased 47.48 per cent YoY to Rs 1,904 crore in March quarter. EBITDA margin also moved higher to 17 per cent from 15.10 per cent YoY.
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Source: The Economic Times
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