MoneyWorks4Me

UPL reports 90% fall in Q1 consolidated net profit

31 Jul 2023 Evaluate

UPL has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 44.26% fall in its net profit at Rs 267 crore for the quarter under review as compared to Rs 479 crore for the same quarter in the previous year. Total income of the company decreased by 28% at Rs 3,624 crore for Q1FY24 as compared Rs 5,033 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 89.85% fall in net profit at Rs 102 crore for the first quarter ended June 30, 2023 as compared to Rs 1,005 crore for the same quarter in the previous year. Total income of the company decreased by 16.80% at Rs 9,064 crore for Q1FY24 as compared Rs 10,894 crore for the corresponding quarter previous year.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
View more..