UPL Q1 Results: Net profit drops 81% YoY to ₹166 crore; cuts FY24 guidance sharply UPL sharply slashed its earnings guidance for FY24. The agrochemicals major now projects revenue growth of 1-5% in FY24 as compared to 6-10% earlier. It cut its EBITDA growth guidance for the year to 3-7% from 8-12%.
UPL Q1 Results: Net profit drops 81% YoY to ₹166 crore; cuts FY24 guidance sharply
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