Saturday 08 Aug, 2020 05:31 AM
Site map | Locate Us | Login
   Sobha records 93% drop in Q1 PAT to Rs 7 cr    Mahanagar Gas slips after weak Q1 performance     Magma Fincorp Ltd leads losers in 'A' group    AMJ Land Holdings Ltd leads losers in 'B' group    Alembic Pharma raises 750 cr from QIP issue    Volumes jump at JSW Energy Ltd counter    M&M Q1 PAT slumps 97% to Rs 68 cr    Healthcare stocks edge lower    Information Technology stocks slip    Consumer Durables shares fall    KEI Inds Q1 PAT slides 21% to Rs 36 cr    Bajaj Holdings & Investment Ltd soars 1.39%, Gains for third straight session    GAIL (India) Ltd gains for third consecutive session    Tata Motors Ltd soars 1.16%    Bosch Ltd spurts around 3.50% 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
UPL Q1 PAT soars 93% to Rs 551 cr
01-Aug-20   10:55 Hrs IST

Consolidated revenue from operations stood at Rs 7833 crore in Q1 June 2020, declining 1% compared with Rs 7906 crore in Q1 June 2019.

Profit before tax stood at Rs 801 crore in Q1 June 2020, rising 84% from Rs 435 crore in Q1 June 2019. Total tax expense surged 86% to Rs 143 crore in Q1 June 2020 over Q1 June 2019.

Consolidated EBITDA jumped 29% year on year to Rs 1,704 crore in Q1 June 2020 as against Rs 1,319 crore in Q1 June 2019. UPL said it reported robust revenue performance almost at prior year level and EBITDA margin expansion in a turbulent environment driven by COVID-19.

Its its outlook, UPL said that good agronomic conditions in most key markets are expected to drive robust demand. Despite COVID-19 related challenges in Q1, the company remains well positioned to deliver revenue and EBITDA growth for the full year. Raw material savings and COGS synergies, as well as portfolio/regional mix improvements supported gross margins.

The company said it has strong liquidity in place to meet debt maturities in the next 18-24 months. UPL is committed to debt reduction and to maintain investment grade credit rating. Meanwhile, the board has declared a dividend of Rs 6 per equity share.

UPL manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers crop protection solutions.

Shares of UPL rose 2.97% at Rs 478.25 on Friday. The result was announced after market hours Friday, 31 July 2020.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.G Anand , anand@ssplwealth.com
Hit Count : 14626257
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 12815 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. Saravana Stocks Pvt. Ltd