UPL"s revenue for the quarter was Rs. 11,090 crore, showing a 9% increase compared to the previous year and a significant 22% increase compared to the previous quarter.

The company"s EBITDA was Rs. 1,352 crore, which is a 2% increase compared to the previous year and a 23% increase compared to the previous quarter.

However, UPL experienced a loss of Rs. 585 crore, which is wider than the loss of Rs. 527 crore in the previous quarter and the loss of Rs. 293 crore during the same period last year.

Sharekhan has maintained a HOLD rating on UPL and adjusted the price target to Rs. 584 due to concerns about destocking and high debt levels.

The stock is currently trading at 19 times and 13 times its estimated earnings per share for FY2026 and FY2027, respectively.