18 Jun 2019 | 3:05 PM

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COMPANYNEWS
UPL posts Q4 net loss of Rs 86.00 cr
  UPL Ltd. | 18 Jun 2019 | 03:01 PM
Published on 05-17-2019
The company reported standalone net loss during the quarter stood at Rs 86.00 crore as compared to net loss of Rs 107.00 crore in the previous year quarter.


Net revenue of the company rose moderately by 13.94 per cent at Rs 1864.00 crore in January-March quarter of this fiscal as against Rs 1636.00 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 19.66 per cent to Rs 1814.00 crore from Rs 1516.00 crore in year ago period.


Other Income grew by 171.43 per cent at Rs 38.00 crore versus (Mar`18 Rs 14.00 crore).


Operating Profit slipped by 58.33 per cent to Rs 50.00 crore as against Rs 120.00 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 63.44 per cent in March quarter.


Interest grew by 0.00 per cent y-o-y to Rs 50.00 crore while Taxation decreased by 484.21 per cent at Rs -73.00 crore (Mar`18 Rs 19.00 crore).