UPL UPL Q4 FY26 results (Jan–Mar 2026) and concall
UPL delivered a strong Q4 and full-year FY26, marked by 11% revenue growth and 18% EBITDA growth, exceeding guidance. The company significantly reduced its net debt by $400 million, bringing the net debt to EBITDA ratio below 1.6x. Strategic focus on operational excellence and innovation led to the launch of over 300 new products, generating over $160 million in revenue. While Q1 FY27 guidance indicates continued growth, management noted seasonal margin impacts and ongoing market volatility, particularly in LATAM and due to fertilizer price dynamics.
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What they filed
Q4 FY26: revenue up 17.7%, net profit up 19.9% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 10,907 | 15,573 | 9,216 | 12,019 | 12,269 +12% | 18,335 +18% |
| EBITDA | 1,678 | 3,164 | 1,396 | 1,947 | 2,236 +33% | 3,481 +10% |
| Net profit | 853 | 1,079 | -176 | 612 | 490 −43% | 1,294 +20% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





