– UPL Ltd. (NSE: UPL & BSE: 512070), a world leader in sustainable agriculture
products and solutions, today reported robust financial results for the first quarter ended June 30, 2021.
Financial Performance
Particulars (Rs. Cr) Q1FY22 Q1FY21 YoY % Chg
Revenue 8,515 7,833 9%
EBITDA 1,862 1,704 9%
EBITDA Margin (%) 21.9% 21.7% –
Net Profit 678 550 23%
➢ Q1 Revenue from operations increased 9%, to Rs. 8,515 cr.
o Volume growth 6%, price increase of 2% and currency impact of 1%
➢ EBITDA rose 9% to Rs. 1,862 cr.
o Supported by favorable product mix and realisations partly offset by cost pressures
➢ Net Profit jumped 23% to Rs. 678 cr.
Commenting on the performance of the first quarter results Mr. Jai Shroff, CEO – UPL Ltd., said, “We have
delivered strong and robust performance owing to our differentiated offerings, digitization, and collaborations
across the food value chain. We continue to drive sustainable agriculture, launching our new global business unit
- ‘NPP’ – Natural Plant Protection, dedicated to natural and biologically derived agricultural inputs and
technologies. We also launched nurture.farm, a digital platform that advances resilience for farmers and the food
system. In alignment to our OpenAg purpose, we are confident that these businesses will enable us to shape and
scale sustainable agriculture. We remain committed to innovation and transformation in the food system, thereby
delivering value to our stakeholders.
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