UPL turns the tables with a surprising profit in Q4 after setbacks. Read more on UPL's journey here!
The journey of UPL Ltd., a Mumbai-based pesticides and agrochemicals company, has been nothing short of a rollercoaster ride in the recent quarters. From a staggering loss of Rs 1217 crore in Q3 to a remarkable turnaround with a net profit of Rs 40 crore in Q4, UPL has witnessed significant fluctuations. Despite a decline in revenue from Rs 16,569 crore to Rs 14,078 crore in the fourth quarter, the company is optimistic about future growth. The announcement of a 50% dividend payout for 2024 added a positive spin to UPL's financial performance.
Looking ahead, UPL is projecting a revenue growth of 4% to 8% in FY25, indicating its confidence in bouncing back from recent challenges. The market reacted positively to the news, with the company's stock price jumping by 7% as investors welcomed the reduced net loss and optimistic outlook. With a market capitalization of Rs 39,839 crore, UPL continues to be a key player in the agrochemicals sector, poised for growth and expansion.
In a surprising turn of events, UPL managed to post a unexpected profit in Q4, defying market expectations and showcasing its resilience in a challenging environment. The company's ability to adapt and thrive in the face of adversity highlights its strong position in the industry. Despite revenue declines and economic uncertainties, UPL's strategic decisions and financial discipline have positioned it for a successful future. As UPL gears up for FY25, all eyes are on its performance and growth trajectory, reinforcing its status as a key player in the agrochemicals market.
The Mumbai-headquartered company's revenue also declined to Rs 14078 crore in the fourth quarter from Rs 16569 crore in the same period last year, ...
UPL Ltd., a pesticides and agrochemicals company, on Monday reported a consolidated net profit of ₹40 crore for the January-March period as against ...
Stay updated with the UPL Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on ...
UPL reported a significant 95% YoY drop in consolidated net profit to Rs 40 crore for Q4FY24, with revenue from operations also declining 15% YoY to Rs ...
UPL Dividend 2024: Pesticides and agrochemicals-maker UPL Limited has announced 50 per cent dividend payout on the face value of Rs 2 each for its ...
With a market capitalization of Rs 39,839 crore, the shares of UPL Ltd were trading at Rs 530.90 per share, increasing around 6 percent as compared to the ...
Revenue during the quarter under review was Rs 14,078 crore, a drop of 15 per cent from Rs 16,569 crore achieved in the fourth quarter of FY23, ...
The herbicide and insecticide maker said revenue from operations fell about 15% to 140.78 billion rupees, marking its fourth straight quarter of decline due to ...
The pesticides maker's consolidated net profit tumbled 94.95% to Rs 40 crore in Q4 FY24 as against a net profit of Rs 792 crore recorded in Q4 FY23.
Agrochemicals major UPL Ltd.on Monday reported a steep 95% decline in net profit to Rs 40 crore in the March quarter. The company had posted a net profit of ...
UPL shares dropped 6% after Q4 earnings announcements. In the fourth quarter of FY24, the company recorded revenue of ₹140.8 billion, marking a 15% ...
BofA Securities upheld a buy rating for Varun Beverages, while Jefferies suggested buying Zomato. AB Capital received an Equal Weight rating from Morgan ...
Even though UPL is trying hard to reduce its staggering debt through the issue of Rs 4200-crore rights issue, brokerages remain cautious due to the ...
UPL Rights Issue: एग्रोकेमिकल कंपनी यूपीएल ने सोमवार को खुलासा किया कि राइट्स इश्यू के जरिए 50 करोड़ डॉलर (4200 करोड़ रुपये) जुटाने के ...
The total revenues of UPL dropped by 15 per cent year on year (YoY) at Rs 14078 crore in the March quarter of FY24 as against Rs 16569 crore in the ...
The company has already secured its board's approval for the issue, which may hit the market by early third quarter of this fiscal, UPL Ltd CFO Anand Vora ...