UPL Ltd Q1FY21; consolidated profit rises by ~84% yoy

Date:08-03-2020

UPL Ltd announced its Q1FY21 results on July 31, 2020. Consolidated net revenue of UPL Ltd in Q1FY21 stood at Rs7,833cr, which declined by 0.92% yoy from Rs7,906cr in Q1FY20.

EBITDA stood at Rs1,832cr in Q1FY21 which rose by 39.63% yoy. For Q1FY20, it had posted EBITDA of Rs1,312cr. EBITDA margin as of Q1FY21 was at 23.39% which rose by 6.80% yoy compared to the same quarter, the previous year.

The consolidated net profit in Q1FY21 came in at Rs653cr which rose  by 84.46%, as compared to Q1FY20, when it had reported Rs354cr. The net profit margin in Q1FY21 came in at 8.34% which grew by 3.86% yoy. The net profit margin for Q1FY20 was at 4.48%.

Share price of company closed at Rs478.25 up by 2.97% on BSE.