/ UPL Ltd's Q3FY17 Consolidated Net Profit Rises 63.4% Yoy To Rs.459 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 25 January 2017


UPL's Q3FY17 consolidated results for the quarter registered a beat versus street estimates. Revenue for the quarter came in 12.6 % higher than the estimated figure of Rs. 3541 crore. EBITDA for the quarter came in 1 % higher than the estimated figure of Rs. 743 crore. And lastly, net profit for the quarter came in 27.6 % higher than the estimated figure of Rs. 360 crore.

UPL consolidated revenue for the quarter came in at Rs. 3987 crore, registering a 18.1% yoy increase. This was primarily driven by 17.2% yoy increase in the revenue of Agro activities.

EBITDA for the quarter rose by 33.7% yoy to Rs. 750 crore with a corresponding margin expansion of 220 bps. EBITDA margin for the quarter stood at 18.8%. The PAT for the quarter came in at Rs. 459 crore, yoy increase of 63.4%. This was aided by finance cost which fell by 15.5% yoy.

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