UPL posts muted performance for Q4FY18
UPL reported its results for the quarter ended March 31, 2018. The company’s consolidated revenue for the quarter came in at Rs. 5,691 crore, registering 5.6 per cent yoy increase.
EBITDA for the quarter rose by 36.9 per cent yoy to Rs. 1,421 crore with a corresponding margin expansion of 571 bps. EBITDA margin for the quarter stood at 25 per cent. The PAT for the quarter came in at Rs. 737 crore, almost remain flat as against Rs. 742 crore in the corresponding quarter last year.
Looking at the full year numbers, we see that revenue jumped by 5 per cent to reach Rs. 17,506 crore while EBITDA up by 17 per cent to Rs. 3,505 crore. Company reported net profit of Rs. 2,030 crore, up 17 per cent yoy.
The board of directors have recommended a dividend of Rs. 8 per equity share for the face value of Rs. 2 each.
On Friday, the stock opened at Rs. 760 per share and touched an intra-day high and low of Rs. 760.20 and Rs. 752, respectively, and finally closed at Rs. 754.25, on the BSE.