UPL Q4 Results Preview: PAT likely to rise by over 11%, revenue to grow by 6%
UPL Q4 Results Preview: The chemical company’s revenue is expected to rise by 6 per cent to Rs 16,840 crore compared to the year-ago period.
UPL Q4 Results Preview: Agro-input major UPL Ltd. is likely to report an 11.8 per cent growth in consolidated profit after tax (PAT) to Rs 1,940 crore year-on-year (YoY) for Q4FY2023, according to Zee Business Research.
The chemical company’s revenue is expected to rise by 6 per cent to Rs 16,840 crore compared to the year-ago period. The company is likely to report adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) at Rs 3,860 crore against Rs 3,590 crore in the previous quarter. On a YoY basis, EBITDA may increase by 7.5 per cent.
The company's margin — a key measure of profitability for a business — is likely to increase by 30 basis points to 22.9 per cent from 22.6 per cent YoY. All major markets are expected to grow at low to mid to single digit rates.
According to Zee Business report, the key to watch out for is raw material cost, loan and expansion plans, and global demand and supply.
On Friday, May 5, 2023, shares of UPL Ltd traded over 2 per cent down on BSE at Rs 715.45 apiece, and on NSE the stock traded at Rs 714.2 per share. UPL Ltd shares have declined over 4 per cent in value in the past six months, a period in which headline indices Nifty50 declined 0.32 per cent each.
About UPL Ltd.
UPL Limited formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, specialty chemicals, and pesticides.
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09:15 PM IST