Q1 FY26 Results: Mixed Bag for Agrochemical Giant ๐พ
Agrochemical major
UPL
Ltd reported its Q1 FY26 earnings, showing a 10.5% YoY rise in consolidated net profit at โน220 crore, beating street expectations. However, revenue slipped 6.5% YoY to โน8,000 crore, reflecting continued pressure in global crop protection markets, especially in Latin America and Europe.
๐น EBITDA came in at โน1,250 crore, with margins improving marginally.
๐น India business grew 7% YoY, showing resilience despite erratic monsoons.
๐น Debt reduction continues to remain a focus, with net debt down โน400 crore QoQ.
๐ Global headwinds and soft pricing in agrochemicals remain a challenge, but management commentary remains optimistic on H2 recovery.
๐ฌ Will