UPL Q3 results: Net profit rises 78% to Rs 838 crore

UPL on Friday reported 77.54 per cent year-on-year (YoY) rise in net profit at Rs 838 crore for the quarter ended December 31. It had posted a net profit of Rs 472 crore in the same period last year.

Revenue from operations increased 80.69 per cent YoY to Rs 8,892 crore during the quarter under review.

The company announced its results post market hours. Earlier during the day, the scrip closed 1.17 per cent higher at Rs 542.95. On the other hand, the benchmark BSE Sensex settled 164 points, or 0.40 per cent, down at 41,141.


Total expenditure of the company, however, jumped to Rs 199 crore in Q3FY20 over Rs 28 crore in Q3FY19.