UPL reports 12% rise in Q2 consolidated net profit

UPL reports 12% rise in Q2 consolidated net profit

Total income of the company has increased by 3.75% at Rs 2779.91 crore for quarter under review
UPL has reported results for second quarter ended September 30, 2015.

The company has reported 59.30% rise in its net profit at Rs 320.91 crore for the quarter ended September 30, 2015 as compared to Rs 201.45 crore for the same quarter in the previous year. The company’s total income has increased by 13.37% to Rs 1790.67 crore for the quarter under review from Rs 1579.46 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 11.53% rise in its net profit/(loss) after taxes, minority interest and share in profit/(loss) of associates at Rs 185.21 crore for the quarter ended September 30, 2015 as compared to Rs 166.06 crore for the same quarter in the previous year. Total income of the company has increased by 3.75% at Rs 2779.91 crore for quarter under review as compared to Rs 2679.43 crore for the quarter ended September 30, 2014.
source:ventura