UPL posts 18% revenue rise on global crop protection recovery

Pune: UPL Limited posted an 18% rise in quarterly revenue, driven by a recovery in global demand for crop protection products and higher growth in its seeds business, even as sales in India declined 9%.

Consolidated revenue for the quarter ended March rose to ₹18,335 crore, while annual revenue increased 11% to ₹51,839 crore, the company said on Monday.

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The maker of agrochemicals and seeds said growth was driven by strong volumes in North America and Europe, along with a 23% jump in revenue at its seeds business, Advanta. Net profit for the fourth quarter rose to ₹1,294 crore from ₹1,079 crore a year ago.

Earnings before interest, tax, depreciation and amortisation rose 18% to ₹9,588 crore for the year, with margins expanding to 18.5%, indicating improving operating leverage and easing cost pressures after a prolonged downturn in the global agrochemical cycle. The company said it strengthened its balance sheet during the year, reducing gross debt by $850 million compared with March 2025, helped by stronger cash flows and improving business conditions.