Agro-chemical major UPL Ltd has reported a 43.37 per cent increase in consolidated net profit at Rs 238 crore in the second quarter of 2017-18 fiscal.

Its net profit stood at Rs 166 crore in the year-ago period, the company said in a regulatory filing today.

Total income increased marginally by about three per cent to Rs 3,846 crore in the September quarter from Rs 3,740 crore in the same quarter of 2016-17 fiscal. Expenses remained slightly lower at Rs 3,440 crore as against Rs 3,444 crore, in the period under the review.

The company has nearly 30 manufacturing units in India and abroad. It has presence in 124 countries.

UPL shares ended the session down by 0.77 per cent at Rs 823.15 on the BSE.

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