Conference Call with UPL Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Agrochemicals company UPL announced Q3FY25 results Revenue: Rs 10,907 crore compared to Rs 9,887 crore during Q3FY24, change 10%. EBITDA: Rs 2,163 crore compared to Rs 416 crore during Q3FY24, change 420%. EBITDA margin: 19.8% for Q3FY25. Net Profit: Rs 828 crore compared to Rs -1217 crore during Q3FY24. Jai Shroff, Chairman & Group CEO, said: “We are seeing strong bounce back versus last year, with normalization of business, and recovery of volumes and prices. This has helped in regaining our contribution margins back to our previous higher levels. Through strong focus, the team has done a commendable job in bringing down the working capital, resulting in a significant reduction of our net debt versus September, 2024. With this strong performance, we are confident of delivering our EBITDA and free cash flow guidance for the full year.” Mike Frank, CEO, UPL Corporation, said: “The global crop protection market continues to rebound as farmers and dealer buying patterns are now reset. Our volume growth of 14% in this past quarter demonstrates continued strong demand across regions, and our ability to increase market share. Through our focus on customers, driven by investments in marketing excellence, new launches and differentiated solutions, we have improved our margins, as compared to the last few quarters. We expect benefits from this to continue in Q4 as well as in the next financial year” Result PDF