Latest news with #JaiShroff
Business Standard
6 days ago
- Entertainment
- Business Standard
Rishabh Tongya and Jai Shroff Brings Bollywood Dazzle To Cannes In A Star-Studded Celebration With Chopard & Openag Foundation
VMPL Cannes [France], May 29: As the world's most glamorous film festival unfolds in Cannes, Indian businessman and philanthropist Rishabh Tongya, Founder of Diacolor, brought the spotlight to Indian cinema and social responsibility with a glittering 'Bollywood Evening' co-hosted with luxury maison Chopard, OpenAg Foundation, and fashion icon Tania Shroff. Held at the iconic Chopard Rooftop at Hotel Martinez, the evening was a heady blend of cinematic magic and luxury, attended by some of Indian cinema's most celebrated names -- Karan Johar, Orry, Shalini Passi, Urvashi Rautela, Taha Shah, Aditi Rao Hydari, among others. The event celebrated not just the glamour of Bollywood but also the visionaries and creatives who drive India's cultural powerhouse. Curated personally by Rishabh Tongya, the evening paid homage to Indian cinema's bold spirit, reflected through Chopard's timeless elegance. Singer Kanika Kapoor lit up the evening with her chart-topping hits, while tabla prodigy Nihal Singh and DJ Krish Mulchandani flew in from LA to add a touch of classical artistry. A seasoned global luxury connoisseur, Rishabh remarked, "India is a land where opulence meets understatement, and elegance is a way of life. Nothing mirrors the vibrancy of our nation quite like our cinema. Tonight, we honour the magic of filmmaking and the discerning spirit of India." The event also spotlighted Water for Harmony, the flagship campaign of OpenAg Foundation, co-founded by agro-tech titan Jai Shroff and chaired by Rajnikant Shroff, with a mission to bring clean drinking water to one million people across Southern Africa. The evening raised a remarkable USD 1.3 million, with standout contributions from Caroline Scheufele (USD 100,000) and Varun Chaudhary (USD 25,000). Jai Shroff shared, "Water for Harmony builds on a successful pilot in Zambia, where we drilled 10 boreholes, addressing a region where fewer than 50% of the population has access to safe drinking water." (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Korea Herald
13-05-2025
- Business
- Korea Herald
UPL LTD - Q4 and FULL YEAR FY25 RESULTS UPDATE
Strong Financial Performance for FY25; 8% Revenue Growth, 175% Growth in Net Profits and Net Debt Reduction of $1.04 Bn MUMBAI, India, May 13, 2025 /PRNewswire/ -- UPL Ltd (NSE: UPL) (BSE: UPLPP) (BSE: 512070/ 890209) (LSE: UPLL), today announced its financial results for the fourth quarter and full year ended March 31, 2025. Financial Highlights Q4 FY25 Full Year FY25 Commenting on the Q4FY25 and full year performance, Jai Shroff, Chairman & Group CEO, UPL Ltd., said: "Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets." Mike Frank, CEO UPL Corporation, said: "We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SG&A control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year." Debt Position As on 31 Mar 2025, Net Debt stood at ₹138.6 Bn ($1.62 Bn), a reduction of ₹83.2 Bn ($1.04 Bn) versus ₹221.7 Bn ($2.66 Bn) at the end of FY24. This reduction is attributed to higher operating free cash flows and ₹47 Bn ($550 Mn) gross proceeds from rights issue and Advanta stake sale. Working Capital Net Working Capital Days improved from 86 days last year to 53 days in FY25. This improvement was driven by better inventory optimisation and tighter credit management. Capital Markets Day Webcast and Presentation Details: The results will be followed by a Capital Markets Day presentation at 4.00 pm IST on 12 th May 2024. Webcast Registration link: To access the live webcast of the event, click here. The presentation will be available here. About UPL Limited UPL Ltd. (NSE: UPL, BSE: 512070, LSE GDR: UPLL) is a global provider of sustainable agricultural products and solutions that cover the entire agrifood value chain. With annual revenue exceeding $5 bn, UPL Ltd is one of the largest agriculture companies worldwide, serving growers in more than 140 countries. UPL Limited comprises of four pure-play platforms that include UPL Corporation Ltd (UPL Corp); UPL Sustainable Agri Solutions Ltd. (UPL SAS); Advanta Enterprises Ltd; and Superform Chemistries Ltd. (formerly known as UPL Speciality Chemicals Ltd.). Together, these platforms are dedicated to Reimagining Sustainability and driving progress in the world. For more information, please visit Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITDA, and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where UPL operates, industry consolidation and competition. As a result, UPL's actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see also Risk management, of our Annual Report.
Yahoo
13-05-2025
- Business
- Yahoo
UPL LTD - Q4 and FULL YEAR FY25 RESULTS UPDATE
Strong Financial Performance for FY25; 8% Revenue Growth, 175% Growth in Net Profits and Net Debt Reduction of $1.04 Bn MUMBAI, India, May 13, 2025 /CNW/ -- UPL Ltd (NSE: UPL) (BSE: UPLPP) (BSE: 512070/ 890209) (LSE: UPLL), today announced its financial results for the fourth quarter and full year ended March 31, 2025. Financial HighlightsQ4 FY25 Revenue increased to ₹155.7 Bn, compared to ₹140.8 Bn in Q4 FY24, led by 11% volume growth and robust performance across all businesses EBITDA grew 68% to ₹32.4 Bn; EBITDA Margin improved by 710 bps to 20.8% Net Profit at ₹9.0 Bn, up from ₹0.4 Bn in Q4 FY24 Full Year FY25 Revenue grew by 8% to ₹466.4 Bn, led by volume growth in crop protection, seeds and specialty chemical markets EBITDA increased by 47% to ₹81.2 Bn; EBITDA Margin improved 460 bps to 17.4% Net Profit at ₹9.0 Bn vs. a loss of ₹12.0 Bn in FY24 Reduced Net Debt by ₹83.2 Bn to ₹138.6 Bn, driven by strong operating free cash flow of ₹44.5 Bn and proceeds from two capital transactions. UPL announces dividend of ₹6/- per equity share on equity shares of ₹2/- each (on fully paid-up equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital) (INR Bn) Q4FY25 Q4FY24 YoY % FY25 FY24 YoY% Revenue 155.7 140.8 11 % 466.4 431.0 8 % Contribution Profit 59.3 41.4 43 % 181.7 149.9 21 % Contribution Margin 38.1 % 29.4 % 870bps 39.0 % 34.8 % 420bps EBITDA 32.4 19.3 68 % 81.2 55.2 47 % EBITDA margin 20.8 % 13.7 % 710bps 17.4 % 12.8 % 460bps Net Profit* 9.0 0.4 n.a. 9.0 (12.0) n.a. Note: *Net Profit attributable to equity shareholders of the company Commenting on the Q4FY25 and full year performance, Jai Shroff, Chairman & Group CEO, UPL Ltd., said: "Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets." Mike Frank, CEO UPL Corporation, said: "We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SG&A control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year." Regional Performance Revenue (INR Bn) Q4FY25 Q4FY24 YoY % FY25 FY24 YoY% Latin America 50.8 49.7 2 % 176.0 172.5 2 % Europe 31.1 30.8 1 % 71.9 66.1 9 % North America 27.0 15.3 77 % 60.7 38.9 56 % India 14.0 12.0 17 % 59.5 55.0 8 % Rest of the World 32.8 33.0 -1 % 98.3 98.4 0 % Total 155.7 140.8 11 % 466.4 431.0 8 % Debt Position As on 31 Mar 2025, Net Debt stood at ₹138.6 Bn ($1.62 Bn), a reduction of ₹83.2 Bn ($1.04 Bn) versus ₹221.7 Bn ($2.66 Bn) at the end of FY24. This reduction is attributed to higher operating free cash flows and ₹47 Bn ($550 Mn) gross proceeds from rights issue and Advanta stake sale. Working Capital Net Working Capital Days improved from 86 days last year to 53 days in FY25. This improvement was driven by better inventory optimisation and tighter credit management. Capital Markets Day Webcast and Presentation Details: The results will be followed by a Capital Markets Day presentation at 4.00 pm IST on 12th May 2024. Webcast Registration link: To access the live webcast of the event, click here. The presentation will be available here. About UPL Limited UPL Ltd. (NSE: UPL, BSE: 512070, LSE GDR: UPLL) is a global provider of sustainable agricultural products and solutions that cover the entire agrifood value chain. With annual revenue exceeding $5 bn, UPL Ltd is one of the largest agriculture companies worldwide, serving growers in more than 140 countries. UPL Limited comprises of four pure-play platforms that include UPL Corporation Ltd (UPL Corp); UPL Sustainable Agri Solutions Ltd. (UPL SAS); Advanta Enterprises Ltd; and Superform Chemistries Ltd. (formerly known as UPL Speciality Chemicals Ltd.). Together, these platforms are dedicated to Reimagining Sustainability and driving progress in the world. For more information, please visit Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITDA, and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where UPL operates, industry consolidation and competition. As a result, UPL's actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see also Risk management, of our Annual Report. Logo: View original content to download multimedia: SOURCE UPL View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
13-05-2025
- Business
- Cision Canada
UPL LTD - Q4 and FULL YEAR FY25 RESULTS UPDATE
Strong Financial Performance for FY25; 8% Revenue Growth, 175% Growth in Net Profits and Net Debt Reduction of $1.04 Bn MUMBAI, India, May 13, 2025 /CNW/ -- UPL Ltd (NSE: UPL) (BSE: UPLPP) (BSE: 512070/ 890209) (LSE: UPLL), today announced its financial results for the fourth quarter and full year ended March 31, 2025. Financial Highlights Q4 FY25 Revenue increased to ₹155.7 Bn, compared to ₹140.8 Bn in Q4 FY24, led by 11% volume growth and robust performance across all businesses EBITDA grew 68% to ₹32.4 Bn; EBITDA Margin improved by 710 bps to 20.8% Net Profit at ₹9.0 Bn, up from ₹0.4 Bn in Q4 FY24 Full Year FY25 Revenue grew by 8% to ₹466.4 Bn, led by volume growth in crop protection, seeds and specialty chemical markets EBITDA increased by 47% to ₹81.2 Bn; EBITDA Margin improved 460 bps to 17.4% Net Profit at ₹9.0 Bn vs. a loss of ₹12.0 Bn in FY24 Reduced Net Debt by ₹83.2 Bn to ₹138.6 Bn, driven by strong operating free cash flow of ₹44.5 Bn and proceeds from two capital transactions. UPL announces dividend of ₹6/- per equity share on equity shares of ₹2/- each (on fully paid-up equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital) Commenting on the Q4FY25 and full year performance, Jai Shroff, Chairman & Group CEO, UPL Ltd., said: "Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets." Mike Frank, CEO UPL Corporation, said: "We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SG&A control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year." Regional Performance Debt Position As on 31 Mar 2025, Net Debt stood at ₹138.6 Bn ($1.62 Bn), a reduction of ₹83.2 Bn ($1.04 Bn) versus ₹221.7 Bn ($2.66 Bn) at the end of FY24. This reduction is attributed to higher operating free cash flows and ₹47 Bn ($550 Mn) gross proceeds from rights issue and Advanta stake sale. Working Capital Net Working Capital Days improved from 86 days last year to 53 days in FY25. This improvement was driven by better inventory optimisation and tighter credit management. Capital Markets Day Webcast and Presentation Details: The results will be followed by a Capital Markets Day presentation at 4.00 pm IST on 12 th May 2024. Webcast Registration link: To access the live webcast of the event, click here. The presentation will be available here. About UPL Limited UPL Ltd. (NSE: UPL, BSE: 512070, LSE GDR: UPLL) is a global provider of sustainable agricultural products and solutions that cover the entire agrifood value chain. With annual revenue exceeding $5 bn, UPL Ltd is one of the largest agriculture companies worldwide, serving growers in more than 140 countries. UPL Limited comprises of four pure-play platforms that include UPL Corporation Ltd (UPL Corp); UPL Sustainable Agri Solutions Ltd. (UPL SAS); Advanta Enterprises Ltd; and Superform Chemistries Ltd. (formerly known as UPL Speciality Chemicals Ltd.). Together, these platforms are dedicated to Reimagining Sustainability and driving progress in the world. For more information, please visit Safe Harbor Statement This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of UPL Limited (UPL) and certain of the plans and objectives of UPL with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITDA, and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where UPL operates, industry consolidation and competition. As a result, UPL's actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see also Risk management, of our Annual Report.
Economic Times
13-05-2025
- Business
- Economic Times
UPL shares drop 5% despite over 20x surge in Q4 profit
For the full financial year 2025, the company swung back to a net profit of Rs 900 crore, against a net loss of Rs 1,200 crore reported in the year-ago period. UPL Ltd shares declined by 5% following the release of its Q4FY25 results. The company reported a significant increase in net profit, reaching Rs 900 crore. Revenue also grew by 11% to Rs 15,570 crore. UPL's EBITDA stood at Rs 3,240 crore, marking a 68% year-on-year increase. The board announced a dividend of Rs 6 per share. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of UPL Ltd fell by 5% in intraday session on the BSE today to their day's low of Rs 642 after reporting its Q4FY25 results on Monday. The company posted a net profit of Rs 900 crore, significantly up from just Rs 40 crore reported in the year ago denotes a massive growth of 2,150% the company's revenue also recorded a growth of 11% YoY to Rs 15,570 crore, compared to Rs 14,080 crore reported in the fourth quarter of the financial year 's EBITDA for the quarter under review stood at Rs 3,240 crore, up by 68% YoY, against Rs 1,930 crore for the same quarter of FY24. The EBITDA margin also rose by 710 bps to 20.8% in the full financial year 2025, UPL swung back to a net profit of Rs 900 crore, against a net loss of Rs 1,200 crore reported in the year-ago addition to the Q4 results, the company's board also announced a dividend of Rs 6 per share for its eligible shareholders.'Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets,' said Jai Shroff, Chairman & Group CEO of UPL, while commenting on the results.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
