UPL LIMITED
United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and offers crop protection solutions. It was founded in 1969 and has headquarters in Mumbai. Products of the company are sold in more than 150 countries.
The company is engaged in both agriculture and non-agriculture activities in which agriculture business is the primary source of revenue for the company. UPL has adopted a strong merger and acquisitions strategy to explore opportunities to expand in new markets, de-risking the business. The investments in expanding business and product portfolio have increased their market presence. Going beyond the field with farmer engagement services, they are building strong glocal relationships.
In the year 2019, UPL acquired Arysta LifeScience Inc. for US$4.2 billion and became the fifth largest generic agrochemicals company in the world.
Being a global leader UPL is dedicated towards society. It is constantly working to reduce environment footprint by introducing energy management, waste management, water management and new technologies. As a part of their CSR initiative, they have started UPL Pragati program which have six CSR focus areas for community to progress. They are Education and Empowerment, Employability and Entrepreneurship, Agriculture Development, Environment and Nature conservation, Health and Sanitation, and National / Local area need. The contribution would be done by minimum 2% of the average of net profit made by the Company during immediately preceding three financial years as per Companies Act 2013.
UPL Limited total income grew 39.72% and stood at Rs 12845 crores forQ4FY21 as compared to Rs 9193 crores in Q3FY21, net profit is Rs 1361 crores (44.17% more than Q3) in Q4FY21 against Rs 944 crores. EPS for the Q4 is Rs 12.75.
The result for Q4 of UPL ltd were rectitude.