UPL Q2 net profit to grow 95% to Rs 387 cr, revenue seen up 12.4%

UPL is expected to report net profit growth of 95 percent at Rs 387 crore for the quarter ended September 2017.

The company had reported net profit at Rs 199 crore in the quarter ended September 2016.

The company's revenue is seen up 12.4 percent at Rs 3978 crore against Rs 3540 crore, according to average of estimates of analysts polled by CNBC-TV18.

The operating profit (EBIDTA) seen up 16 percent at Rs 725.3 crore and margins at 18.2 percent.

Key factors to watch -

-Core markets like India and LaTAM to deliver strong growth
-Expect a pick up in India business (20 percent of revenues) post GST
-Steady revenue growth for North America, Europe and RoW
-Impact seen of rupee appreciation on international revenues
-Realization to improve EBITDA margins