UPL reports 24% jump in Q1 consolidated net profit

29 Jul 2016

UPL has reported results for first quarter ended June 30, 2016.

The company has reported almost tenfold jump in its net profit after tax at Rs 271.32 crore for the quarter ended June 30, 2016, as compared to Rs 27.33 crore for the same quarter in the previous year. The company’s total income increased by 20.89% to Rs 1900.17 crore for the quarter under review from Rs 1571.88 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 23.70% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 401.95 crore for the quarter as compared to Rs 324.95 crore for the same quarter in the previous year. Total income of the company increased by 8.13% to Rs 3518.49 crore for quarter under review from Rs 3253.82 crore for the quarter ended June 30, 2015.

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