UPL’s Strategic Turnaround: Narrowing Losses and Growing Revenue

UPL, a major figure in agrochemicals and pesticides, unveiled a reduction in consolidated net losses for the June quarter, reporting Rs 176 crore. This marks a notable improvement compared to the Rs 527 crore loss in the first quarter of 2024-25, according to the company's regulatory filing.

The company's revenue from operations saw a modest boost of 1.64 percent, reaching Rs 9,216 crore, up from Rs 9,067 crore during the same period last year. 'We are pleased to report a strong start to FY26, reflecting the strength of our portfolio,' said UPL Chairman and Group CEO Jai Shroff.

Despite seasonal challenges, particularly in Latin American markets, UPL showed resilience with continued positive momentum in North America and Europe, achieving mid-single-digit growth. Operational improvements have bolstered EBITDA margins, setting a robust foundation for future performance. The company's shares closed at Rs 664.75, a downturn of 5.43 percent on the BSE.

(With inputs from agencies.)