Q1FY19 Result: UPL PAT increases 6 per cent to Rs. 514 crore

UPL, a leading global generic agrochemicals player, reported its results for the quarter ended June 30, 2018. The consolidated revenue for the quarter came in at Rs. 4,134 crore, registering 7.3 per cent yoy increase. This was primarily driven by rise in revenue from Agro activities and Non-Agro activities by 7.6 per cent and 7.3 per cent yoy, respectively.

EBITDA for the quarter rose by 15.3 per cent yoy to Rs. 797 crore with a corresponding margin expansion of 134 bps. EBITDA margin for the quarter stood at 19.3 per cent. The PAT for the quarter came in at Rs. 514 crore, yoy increase of 6 per cent.

UPL is engaged in the production of crop protection products, intermediates, specialty chemicals and other industrial chemicals.

On Tuesday, the stock opened at Rs. 649 per share and made an intraday high and low of Rs. 656 and Rs. 631.85, respectively, on the BSE.