UPL is a leading global generic player in the agro chemical industry has reported a rise of 72.29% in its consolidated net profit for the quarter ended March 2021. The company has earned Rs 10,630 million in the quarter, compared with Rs 6,170 million for the same period last year.

Revenue for the quarter increased 14.86% to Rs 127,960 million from Rs 111,410 million in the corresponding quarter last year, aided by a strong performance in the company’s key markets of Latin America, India and Europe.

Operating profit rose 20% to Rs 26,510 million for the March quarter.

The company's board of directors recommended a dividend of Rs 10 per share for the financial year ended March 2021.

Shares of the company gained Rs 51.95, or 7.51%, to settle  at  Rs 743.55.  The total volume of shares traded  was  2,674,105 at  the BSE (Friday).