11-02-2022 11:52 AM | Source: Accord Fintech
UPL inches up on reporting 25% rise in Q2 consolidated net profit
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UPL is currently trading at Rs. 717.65, up by 0.20 points or 0.03% from its previous closing of Rs. 717.05 on the BSE.

The scrip opened at Rs. 719.00 and has touched a high and low of Rs. 728.60 and Rs. 713.75 respectively. So far 38155 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 848.00 on 04-May-2022 and a 52 week low of Rs. 607.80 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 739.00 and Rs. 696.00 respectively. The current market cap of the company is Rs. 53983.70 crore.

The promoters holding in the company stood at 28.96%, while Institutions and Non-Institutions held 52.77% and 11.08% respectively.

UPL has reported results for second quarter ended September 30, 2022. The company has reported rise of 130.14% in its net profit at Rs 336 crore for Q2FY23 as compared to Rs 146 crore for the corresponding quarter previous year. Total income of the company increased by 34.60% to Rs 5,613 crore for the quarter under review as compared to Rs 4,170 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 25.19% in its net profit at Rs 969 crore for Q2FY23 as compared to Rs 774 crore for the same quarter in the previous year. Total income of the company increased by 18.57% to 12,585 crore for the quarter under review as compared to Rs 10,614 crore for the same quarter in the previous year.