Brokerages bullish on stock amid easing leverage situation
UPL shares gained 7.6 per cent in trade, logging an intra-day high at ₹715.75 per share on BSE after posting its Q1 results
UPL reported a revenue of ₹15,573 crore, up 10.61 per cent year-on-year (Y-o-Y) compared to ₹14,078 crore in the year-ago period
UPL Ltd on Monday reported a consolidated net profit of Rs 1,079 crore in the fourth quarter of FY25, supported by higher revenue. The company had posted a loss of Rs 80 crore a year earlier. Its total income rose 10.6 per cent to Rs 15,573 crore in the January-March quarter from Rs 14,078 crore in the year-ago period, the agrochemicals major said in a regulatory filing. For the full financial year 2024-25, UPL posted a consolidated net profit of Rs 820 crore compared to a net loss of Rs 1,878 crore in the preceding fiscal. The company's annual total income increased to Rs 46,637 crore from Rs 43,098 crore. "The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and strategic fund-raising initiatives resulted in our net debt reduction by around USD 1 billion," UPL Chairman and Group CEO Jai Shroff said. The company reduced its net debt to Rs 13,860 crore as of March 31 from Rs 22,170 crore a y
UPL share price rose after a rating upgrade by Investec, which revised the stock's outlook to 'Buy' from 'Sell', alongside a strong performance in Q3FY25 and announcements from the 2025 Budget
Indian Finance Minister also announced a 5-year mission to promote cotton production. The centre also enhanced the loan limit under Kisan credit cards to Rs 5 lakh from Rs 3 lakh
Revenue from operations rose 10 per cent to Rs 10,907 crore
UPL reported revenue of Rs 11,090 crore in 2QFY25, up 9 per cent Y-o-Y, with volume growth of 16 per cent offsetting price decline of 7 per cent
The management said the market is witnessing pricing pressure given the high base of previous year and aggressive price competition has seen from the Chinese post patent exporters.
UPL reported Rs 8,963 cr in revenue with India accounting for Rs 2,054 crore of the total revenue. Ebitda down 32% at Rs 1,593 cr
Lower debt levels, inexpensive valuations are positives
Higher demand to keep revenue growth strong in the second half of FY23
KKR, the US-based private equity firm, will separately invest Rs 2,460 crore to pick up a 13.33 per cent stake in Advanta Enterprises, a subsidiary of UPL.
The company's net profit stood at Rs 1,065 crore in the corresponding quarter of the previous financial year, UPL said in a statement
As India and Europe business saw muted performance, Latin America growth pulls up UPL's performance
UPL's management had already cut growth guidance to 8-10 per cent