UPL increases revenue by 10% in the first fiscal quarter

UPL reported revenue of 10.181 crore rupees in the first quarter of fiscal year 2027, a 10% increase over the same period of the previous year. EBITDA reached 1.500 crore rupees, a 15% increase, with a margin of 14,7%. The company released the results on August 3rd.

The contribution margin rose 1,8 percentage points to 45,2%. The company attributed the result to price adjustments, increased use of industrial capacity, and the product mix. Prices rose 3% during the period, supported by the exchange rate.

Results by segments

UPL Corporation, focused on crop protection, reported revenues of 6.374 crore rupees, a 7% increase. Operating EBITDA rose 38% to 532 crore rupees. North and Latin America led the regional expansion.

Advanta reported revenue of 1.754 crore rupees, up 26%. Corn and sunflower oil drove performance, with increases in volume and prices. EBITDA reached 359 crore rupees, a 24% increase.

Superfrom's revenue reached 2.919 crore rupees, a growth of 14%. The specialty chemicals area advanced 51%, supported by volumes and prices. EBITDA increased 7% to 358 crore rupees.

Results may be regional

By region, revenue grew 18% in North America, 15% in India, 8% in Latin America, and 4% in Europe. Net debt remained at $2,5 billion. The ratio of net debt to EBITDA fell from 2,6 to 2,4 times.

For fiscal year 2027, UPL projects revenue growth between 7% and 11%. The EBITDA forecast indicates growth between 10% and 14%.