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UPL reports consolidated net loss of Rs 1607 crore in Q3

03 Feb 2024 Evaluate

UPL has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 85.76% fall in its net profit at Rs 46 crore for the third quarter ended December 31, 2023 as compared to net profit of Rs 323 crore for the same quarter in the previous year. Total income of the company decreased by 47.05% at Rs 2,646 crore for Q3FY24 as compared Rs 4,997 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported net loss of Rs 1607 crore for Q3FY24 as compared to net profit of Rs 1360 crore for the same quarter in the previous year. Total income of the company decreased by 27.23% at Rs 10,038 crore for Q3FY24 as compared Rs 13,794 crore for corresponding quarter of the 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
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