UPL Q3 Results: Company Swings To Profit, Beats Estimates; Shares Surge

UPL Ltd. swung to profit during the third quarter of the financial year ending March 2025, sending shares higher by as much as 9%

The agro-chemical manufacturer posted a net profit of Rs 828 crore in the quarter-ended December, according to an exchange filing on Friday. This compares with an estimated net profit of Rs 197 crore by analysts tracked by Bloomberg.

UPL Q3 FY25 Results Highlights (Consolidated, YoY)

• Revenue up 10.3% to Rs 10,907 crore versus Rs 9,887 crore (Bloomberg estimate: Rs 10,935.5 crore).

• Ebitda up 5x at Rs 2,162 crore versus 416 crore (Bloomberg estimate: Rs 1905.9 crore).

• Ebitda margin at 19.8% versus 4.2% (Bloomberg estimate: 17.4%).

• Net profit at Rs 828 crore vs. loss of Rs 1217 crore (Bloomberg estimate 197.8 crore).

Shares of UPL were trading 8.9% higher to Rs 617.80 apiece, as compared with a rise of 1% in the benchmark Nifty 50.