UPL Posts Strong Q1 with Margin Gains

  Published 9 months ago

UPL’s Q1 FY26 revenue rose 2% YoY to Rs 9,216 crore, driven by India growth, margin expansion, and debt reduction.

  • EBITDA surged 14% YoY to Rs 1,303 crore; margin improved 150 bps to 14.1% on better mix and lower costs.
  • PATMI loss narrowed to Rs 88 crore from Rs 384 crore YoY, showing clear profitability improvement.
  • Net debt fell by Rs 6,129 crore; $400M bonds redeemed as part of ongoing deleveraging and financial strengthening.

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