UPL posts strong Q3FY17 results
Bhagyashree Vivarekar / 25 Jan 2017
UPL Ltd. reported its results for the quarter ended December 31, 2016, during market hours today. The total sales for Q3FY17 came in at Rs. 3987.31 crore, which represents a 9.01 per cent sequential increase and 18.06 per cent YoY increase.
UPL Ltd. reported its results for the quarter ended December 31, 2016, during market hours today.
The total sales for Q3FY17 came in at Rs. 3987.31 crore, which represents a 9.01 per cent sequential increase and 18.06 per cent YoY increase.
The operating profit (EBIT) for the quarter amounted to Rs 588.45 crore and the EBIT margin stood at 14.76 per cent.
The company reported PAT of Rs 459.18 crore, which represents a sequential QoQ increase of 176.35 per cent and a YoY increase of 63.32 per cent.
The company's stock opened for trading at Rs. 730 on the BSE and rose 3.3 per cent after the results were declared to touch the day's high of Rs 754.5 and is currently trading around Rs 741.8.
United Phosphorous Ltd is a global generic crop protection, chemicals and seeds company, engaged in the business of agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals. The Company offers a range of products that includes insecticides, fungicides, herbicides, fumigants and rodenticides. The company also has a captive power plant.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.