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Last Updated : Nov 07, 2019 03:40 PM IST | Source: Moneycontrol.com

UPL share price falls 7% after profit dips 67% in Q2

Revenue of the company rose 83.6 percent at Rs 7,817 crore against Rs 4,257 crore.

 
 
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Shares of UPL shed more than 7 percent intraday on November 7 after the company reported 67 percent fall in its September quarter numbers.

The company's Q2FY20 consolidated net profit stood at Rs 89 crore versus Rs 270 crore in a year-ago period.

Revenue of the company rose 83.6 percent at Rs 7,817 crore against Rs 4,257 crore, in the same period last year.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) was up 83.4 percent at Rs 1,539 crore, while EBITDA margin was flat at 19.7 percent, year-on-year (YoY).

The share touched its 52-week high of Rs 709.25 and a 52-week low of Rs 390.33 on July 5, 2019, and October 26, 2018, respectively.

Currently, it is trading 20.56 percent below its 52-week high and 44.34 percent above its 52-week low.

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First Published on Nov 7, 2019 03:40 pm
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