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Last Updated : Oct 11, 2019 03:07 PM IST | Source: Moneycontrol.com

UPL Q2 PAT seen up 87.9% YoY to Rs. 583.5 cr: Kotak

Net Sales are expected to increase by 94.6 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 8,283.6 crore, according to Kotak.

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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Fertilizers & Agricultural Chemical sector. The brokerage house expects UPL to report net profit at Rs. 583.5 crore up 87.9% year-on-year (up 136.9% quarter-on-quarter).


Net Sales are expected to increase by 94.6 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 8,283.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 112.3 percent Y-o-Y (up 42.9 percent Q-o-Q) to Rs. 1,781 crore.


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First Published on Oct 11, 2019 03:07 pm
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