Crop protection solutions provider UPL reported a healthy quarter in December with 10 percent year-on-year (YoY) rise in volumes. Improvement in both operating and net margins marked a substantial uptick in Q3 and business in Latin America aided revenue and volume growth triggering an improvement in the stock.
However, going forward, the company needs to keep an eye on its rising debt.
Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand the earnings fine print and outlook on the company.
Watch the video for more.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
