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UPL reports 15% rise in Q3 consolidated net profit

31 Jan 2023 Evaluate

UPL has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported over five-fold jump in its net profit at Rs 323 crore for the quarter under review as compared to Rs 57 crore for the same quarter in the previous year. Total income of the company increased 23.96% at Rs 4,997 crore for Q3FY23 as compared to Rs 4,031 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 15.35% in its net profit at Rs 1,360 crore for the quarter under review as compared to Rs 1,179 crore for the same quarter in the previous year. Total income of the company increased 21.35% at Rs 13,794 crore for Q3FY23 as compared to Rs 11,367 crore for the corresponding quarter previous year.

Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3640.30
Sharda Cropchem 725.05
Sumitomo Chem. India 404.75
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