UPL Q2 net profit up 43 pc at Rs 238 cr

Agro-chemical major UPL Ltd today reported a 43.37 per cent increase in consolidated net profit at Rs 238 crore in the second quarter of 2017-18 fiscal.
Its net profit stood at Rs 166 crore in the year-ago period, the company said in a regulatory filing.
Total income increased marginally by about three per cent to Rs 3,846 crore in the September quarter from Rs 3,740 crore in the same quarter of 2016-17 fiscal.
Expenses remained slightly lower at Rs 3,440 crore as against Rs 3,444 crore, in the period under the review.
UPL' shares rose 0.42 per cent to Rs 833 a piece during afternoon trade.

The company has nearly 30 manufacturing units in India and abroad. It has presence in 124 countries.