03 Aug 2026
UPL reported Q1 consolidated net profit of 10 crore rupees against a loss of 88 crore a year earlier, and guided to FY27 revenue growth of 7 to 11 percent.
EBITDA growth guidance is 10 to 14 percent, so the company is pointing at margin expanding faster than the top line. The swing back to profit is thin in absolute terms, which makes the guidance the more informative half. Agrochemical destocking has been the drag for two years, and a company only guides to margin leverage once channel inventory has cleared.