UPL Q4FY20 revenue grows 26%
Chemical

UPL Q4FY20 revenue grows 26%

UPL Limited Q4FY20 revenue from operations has shown a growth of 26% to reach Rs. 11,141 crore vis-a-vis Rs. 8,872 crore in Q4FY19.

  • By ICN Bureau | May 24, 2020
UPL Limited Q4FY20 revenue from operations has shown a growth of 26% to reach Rs. 11,141 crore vis-a-vis Rs. 8,872 crore in Q4FY19.
 
The FY2020 revenue has consistently delivered double digit growth growth i.e. 13% to reach Rs. 35,756 crore vis-a-vis Rs. 31,616 crore in FY2019. The gross margin for FY2020 has increased by 8% to reach Rs. 14,349 crore vis-a-vis Rs. 13,317 crore in FY2019. 
 
For FY2020, R&D pipeline is Rs. 20,000 crore which is significant potential of combined pipeline (peak sales value). In terms of FY2020 revenue growth geography wise: Latin America has grown by 24%; North America by 13%; India by 11%; RoW (Rest of World) by 12% and Europe by (-7%). 
 
The company is planning to expand its reach globally by leveraging tier 1 scale; dominate the growing post-patent market through differentiation and best in class cost efficiency; exploit capital efficient open innovation R&D platform to claim top share of the proprietary chemical market; expand leadership on sustainable input technologies; and continue to evolve our go-to-market from supplying products to offering smart farming solutions.  

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