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UPL reports consolidated net loss of Rs 293 crore in Q2

30 Oct 2023 Evaluate

UPL has reported results for second quarter ended September 30, 2023 (Q2FY24)

The company has reported over two-fold jump in its net profit at Rs 906 crore for the quarter under review as compared to net profit of Rs 336 crore for the same quarter in the previous year. However, total income of the bank decreased by 17.74% at Rs 4,617 crore for Q2FY24 as compared Rs 5,613 crore for the corresponding quarter previous year.  

On consolidated basis, the company has reported net loss of Rs 293 crore for the quarter under review as against net profit of Rs 969 crore for the same quarter in the previous year. Total income of the bank decreased by 18.36% at Rs 10,275 crore for Q2FY24 as compared Rs 12,585 crore for the corresponding quarter previous year. 


Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3641.65
Sharda Cropchem 728.00
Sumitomo Chem. India 405.50
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