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Worst is over; new products to drive growth, says UPL

Mint Kolkata

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May 13, 2025

North America accounted for 13% of UPL's FY25 revenue, a shade higher than it earned in India

- Nehal Chaliawala

Leading maker of agricultural chemicals and seeds UPL Limited is betting on new products and further diversification from the agricultural sector to sustain the recovery it recorded in FY25 further in the current fiscal.

The company's revenue had grown 8% in FY25 after declining 20% in FY24. It also clocked a ₹1,383 crore loss in FY24 due to adverse market conditions, its first annual loss in nearly two decades.

Currently, the company also stands to gain from the US-imposed tariff escalation, which would make it a preferable supplier over Chinese companies to American companies, said Jai Shroff, chairman and group CEO, UPL Ltd.

Mint Kolkata

यह कहानी Mint Kolkata के May 13, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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