UPL LTD Announced 8% Revenue Growth, 175% Growth in Net Profits

#UPLLTDRevenueGrowth

Net Debt Reduction of $1.04 Bn

Chandigarh:  UPL Ltd, announced its financial results for the fourth quarter and full year ended March 31, 2025. Revenue increased to ₹155.7 Bn, compared to ₹140.8 Bn in Ǫ4 FY24, led by 11% volume growth and robust performance across all businesses.

Commenting on the Ǫ4FY25 and full year performance, Jai Shroff, Chairman G Group CEO, UPL Ltd., said: “Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 Bn validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets.”

Mike Frank, CEO UPL Corporation, said: “We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SGCA control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year.”

·         EBITDA grew 68% to ₹32.4 Bn; EBITDA Margin improved by 710 bps to 20.8%

·         Net Profit at ₹9.0 Bn, up from ₹0.4 Bn in Ǫ4 FY24

Full Year FY25

·        Revenue grew by 8% to ₹466.4 Bn, led by volume growth in crop protection, seeds and specialty chemical markets

·        EBITDA increased by 47% to ₹81.2 Bn; EBITDA Margin improved 460 bps to 17.4%

·        Net Profit at ₹9.0 Bn vs. a loss of ₹12.0 Bn in FY24

·         Reduced Net Debt by ₹83.2 Bn to ₹138.6 Bn, driven by strong operating free cash flow of ₹44.5 Bn and proceeds from two capital transactions.

·         UPL announces dividend of ₹6/- per equity share on equity shares of ₹2/- each (on fully paid- up equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital)

Note: *Net Profit attributable to equity shareholders of the company

Regional Performance

Debt Position

As on 31 Mar 2025, Net Debt stood at ₹138.6 Bn ($1.62 Bn), a reduction of ₹83.2 Bn ($1.04 Bn) versus ₹221.7 Bn ($2.66 Bn) at the end of FY24. This reduction is attributed to higher operating free cash flows and ₹47 Bn ($550 Mn) gross proceeds from rights issue and Advanta stake sale.