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UPL Q2 results: Firm posts net loss of Rs 189 crore; revenue down 18 7%

UPL Q2 results: The agro-chemical firm reported a net profit of Rs 996 crore and revenue of Rs 12,507 crore in the year-ago period

UPL Q2 Results: Agro-chem maker posts surprise loss of Rs 189 crore on weak demand, destocking

UPL shares, which have lost nearly a quarter of their value so far this year, fell as much as 4.8% after the results. The Mumbai-based company s revenue from operations fell around 19% year-on-year to 101.70 billion rupees. Revenue from the biggest segment, crop protection, fell nearly 21%.

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