This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
UPL announces new auditors, additional director and senior management appointments
UPL · price
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On the reaction day the stock moved 1.3 pts less than Nifty Midcap 150 and 0.3 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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No quarterly financial figures are provided in this filing. The Board approved S R B C & Co. LLP as statutory auditors for five years from the 43rd AGM in 2027, replacing B S R & Co. LLP after its second term. It also approved Shatmanyu Shrivastava, nominated by LIC, as an additional non-executive, non-independent director, and Sameer Tandon as President for APAC, Africa and Europe.
Governance and leadership changes are largely routine and unlikely to have a material impact on earnings or the share price.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹11,860 Cr | ₹12,019 Cr | −1.3% |
| Operating profit | ₹562.0 Cr | ₹446.0 Cr | +26.0% |
| Profit after tax | ₹452.0 Cr | ₹612.0 Cr | −26.1% |
| EBITDA margin | 18.5% | 17.8% | +0.7 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.