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HomeAgrotechE-commerceUPL Ltd records 84 % growth in consolidated profit in Q1FY21

UPL Ltd records 84 % growth in consolidated profit in Q1FY21

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The Company has recorded a consolidated profit of Rs 653 crores in Q1FY21.Β 

UPL Ltd announced its Q1FY21 results on July 31, 2020. Consolidated net revenue of UPL Ltd in Q1FY21 stood at Rs7, 833 crores, which declined by 0.92 per cent YoY from Rs7, 906 crores in Q1FY20.

EBITDA stood at Rs1, 832 crores in Q1FY21 which rose by 39.63% yoy. For Q1FY20, it had posted EBITDA of Rs1, 312 crores. EBITDA margin as of Q1FY21 was at 23.39 per cent which rose by 6.80 per cent yoy compared to the same quarter, the previous year.

The consolidated net profit in Q1FY21 came in at Rs653cr which rose by 84.46 per cent as compared to Q1FY20, when it had reported Rs354 crores. The net profit margin in Q1FY21 came in at 8.34 per cent which grew by 3.86 per cent YoY. The net profit margin for Q1FY20 was at 4.48 per cent.

 

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