UPL Q2 FY27: revenue down 1.3% to ₹11,860 Cr, net profit down 26.1% to ₹452 Cr
Results · Finvezto · 2 Nov 2026 · UPL (UPL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 11,860 | +16.5% | -1.3% |
| Operating profit | 2,200 | +51.7% | +9.9% |
| Net profit | 452 | +719.2% | -26.1% |
| Operating margin | 18.5% | +4.3 pp | +1.9 pp |
| Net margin | 3.8% | +3.3 pp | -1.3 pp |
Key points
- For Q2 FY27, UPL Limited reported revenue of Rs 11,860 crore, down 1% year-on-year, EBITDA of Rs 2,312 crore, up 5%, and operational PATMI (excluding exceptional items) of Rs 422 crore, up Rs 11 crore. NSE filing
- EBITDA margin expanded 120 bps to 19.5% driven by operational discipline and lower SG&A expenses, while strong growth in specialty chemicals and seeds helped offset volume declines in crop protection. NSE filing
- Revenue was ₹11,860 Cr, down 1.3% on a year earlier and up 16.5% on the quarter before. Finvezto data
Other figures
- Contribution: ₹5,087 Cr (+1.0% YoY)
- Operational PATMI (excluding exceptional items): ₹422 Cr
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 18.9%, 19.4%, 14.2%, 18.5%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 490, 1,294, -73, 452.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.