'Net
sales (including other operating income) of UPL has increased 8.38% to Rs 12019
crore. Sales of Non Agro segment has
gone up 9.35% to Rs 655.00 crore (accounting for 5.43% of total sales). Sales of Crop Protection segment rose 3.05%
to Rs 9,736.00 crore (accounting for 80.68% of total sales). Sales of Seeds Business segment has gone up
50.58% to Rs 1,676.00 crore (accounting for 13.89% of total sales). Inter-segment sales came down from Rs 70.00
crore to Rs 48.00 crore.
Revenue
growth for UPL was driven primarily by higher volumes, supported by favorable
foreign exchange movements. On a platform basis, UPL Corp delivered strong
growth of 12%, while Advanta posted an impressive 26% increase, both led by
higher volumes. SUPERFORM remained steady compared to the previous year,
whereas UPL SAS declined by 10% due to unfavorable ...
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