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UPL Q3 net profit increases 25% YoY

UPL has posted 25.3% increase in consolidated profit YoY at Rs.579 crore for the quarter ended December 31,2017.

The consolidated revenue from operations increased by 7% to Rs.4,194 crore for December quarter, while in the corresponding quarter last year it was Rs.3,919 crore.

EBITDA (earnings before interest, tax, depreciation and amortization) decreased 1.4% YoY to Rs.716 crore and margin contracted 140 basis points to 17.1% for the December quarter.

Further, the company posted a tax credit of Rs.14 crore against an expense of Rs.47 crore. It also posted a finance cost of Rs.111 crore.

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