UPL Limited - 512070 - Announcement under Regulation 30 (LODR)-Acquisition
Please find attached letter dated 16th May, 2024.16-05-2024
16-05-2024
UPL Limited - 512070 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding receipt of intimation of loss of share certificates under Regulation 39(3) of SEBI (LODR) Regulations, 201514-05-2024
UPL Limited - 512070 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Extract of Audited consolidated financial results for the quarter and year ended 31st March, 2024 published in todays news paper.14-05-2024
UPL Q4 Results Review - Higher Rebates, High-Cost Inventory Liquidation Hit Margin: Motilal Oswal
Operating performance beats expectations14-05-2024
UPL Limited - 512070 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find attached letter dated 14th May, 2024.14-05-2024
UPL's Q4 net dips 95% to 40 crore on decline in revenues
The company sees rebound in volumes in FY25; Board recommends dividend of 50 per cent%13-05-2024
UPL Ltd. Results Earnings Call for Q4FY24
Conference Call with UPL Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.13-05-2024
UPL Limited - 512070 - Conclusion Of Board Meeting
Conclusion of Board Meeting for the quarter and Financial year ended 31st March,202413-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for UPL Ltd.
Agrochemicals company UPL announced Q4FY24 & FY24 results: Reported margin recovery in Q4FY24 compared to Q3FY24. Q4FY24 Revenue declined by 15% primarily due to lower prices in the post-patent market (prices came off against last year’s [LY] higher base). Volumes were largely in line with LY. Contribution margins are primarily impacted by the liquidation of high-cost inventory and higher rebates to support the channel. Adjusted for this transitory impact, Q4FY24 contribution margins would be higher vs. LY, and full-year FY24 contribution margin would be on par with LY. Differentiated and Sustainable portfolio continued to outperform. Share of this portfolio as % of CP revenue rose ~700 bps YoY to 35% for full-year FY24. Reduced SG&A; expenses by 17% YoY to Rs 2,209 crore in Q4 Commenting on the Q4FY24 performance, Mike Frank, CEO, UPL Corporation, said: “We delivered significantly improved financial results in Q4 versus the two preceding quarters, inspite of the prevailing volatile and challenging market conditions. As compared to Q3, volumes recovered well and were in-line with LY, largely led by the strong performance of our high-margin differentiated and sustainable portfolio, which contributed 36% of crop protection revenue vs 29% LY. Our recent launches of Evolution, Feroce and Shenzi did exceedingly well, growing volumes by >50%. In addition, Europe and Rest of the World regions, had a strong performance posting double-digit growth. Contribution margins were in-line with last year, adjusted for the transitory impact of high-cost inventory liquidation and higher rebates to support channel partners. Our cost optimization efforts paid off as we reduced Q4 SG&A; expenses by 17% YoY. Furthermore, Advanta, our global seeds platform continued to see robust traction delivering revenue growth of 34% and 38% respectively for the quarter. As we look ahead to FY25, we expect a return to growth and normalization in margins driven by the agchem market returning to normality. Further, our foremost priority remains to deleverage our balance sheet which we plan to achieve through operational cash flows, completion of rights issue, and pursuing capital raise opportunities within our platforms.” Result PDF13-05-2024
UPL Limited - 512070 - Announcement under Regulation 30 (LODR)-Dividend Updates
Please find attached letter dated 13th May, 202413-05-2024