UPL Reports Flat Q2 Revenue At ₹11,860 Cr, EBITDA Up 5% To ₹2,312 Cr
Mumbai: UPL Limited announced its financial results for the second quarter and half year ended September 30, 2026, marking its eighth consecutive quarter of margin and EBITDA growth . The company posted a quarterly revenue of ₹11,860 crore, down 1% year-on-year. Earnings Performance EBITDA for the second quarter rose 5% to ₹2,312 crore with a margin expansion of 120 basis points to 19.5%.…
Mumbai: UPL Limited disclosed its financial performance for the second quarter and half year ending September 30, 2026, signaling its eighth consecutive quarter of growth in margins and EBITDA. The firm reported a quarterly revenue of ₹11,860 crore, representing a 1% decrease year-over-year. EBITDA for the second quarter grew by 5% to ₹2,312 crore, with an expansion in margin of 120 basis points, reaching 19.5%.
PATMI stood at ₹422 crore, marking a slight increase from the previous year. Advanta, a subsidiary of UPL, saw a 12% increase in quarterly revenue to ₹1,875 crore, driven by pricing and foreign exchange tailwinds. SUPERFORM recorded a 28% revenue growth to ₹3,579 crore, aided by cost pass-through and robust demand in super specialty chemicals.
The company's total net debt stood at ₹28,684 crore as of September 2026. UPL pre-paid a USD 500 million term loan maturing in December 2026 through a USD 400 million refinancing extended to FY32. Advanta also announced plans to acquire a 99.98% stake in Misr Hytech Seed International, an Egyptian company, for approximately USD 110 million. The acquisition is expected to be finalized by January 31, 2027, subject to regulatory approvals.
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