Q4FY17 Results : UPL
Nidhi Jani / 28 Apr 2017
The company reported PAT of Rs 740.6 crore, which represents a sequential QoQ increase of 62.08 per cent.
UPL Ltd. reported largely positive consolidated results for the quarter ended March 31, 2017 on Friday.
The company's total sales for Q4FY17 came in at Rs 5341.36 crore, which represents a 36.27 per cent sequential increase and 20.45 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 850.82 crore and its EBIT margin stood at 15.93 per cent.
The company reported PAT of Rs 740.6 crore, which represents a sequential QoQ increase of 62.08 per cent and a YoY increase of 198.5 per cent.
The company's stock opened at Rs. 813.95 and touched an intra-day high and low of Rs. 821.75 and Rs. 801, respectively, on the BSE.
The company's board of directors has recommended a dividend of Rs 7 per equity share for the face value of Rs. 2 each.
United Phosphorous Limited (UPL) is a global generic crop protection, chemicals and seeds company. It is engaged in the business of agrochemicals, industrial chemicals, chemical intermediates and specialty chemicals. The company also has a captive power plant. The company offers a range of products that includes insecticides, fungicides, herbicides, fumigants and rodenticides.
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