Shares of UPL rallied by nearly 8 per cent in the mid-session trade on Monday after the agrochemicals and pesticide player reported narrowing of consolidated net losses to ₹176 crore during the June quarter.

The company’s stock climbed 7.67 per cent to ₹715.75 apiece on the BSE.

On the NSE, it jumped by 7.59 per cent to trade at ₹715.70 per piece.

In the mid-session trade, the 30-share BSE Sensex jumped by 392.42 points or 0.49 per cent to 80,992.33, while the NSE Nifty rose 151.20 points or 0.62 per cent to 24,716.55.

In a regulatory filing on Friday, UPL reported narrowing of consolidated net losses to ₹176 crore during the June quarter.

The company’s loss stood at ₹527 crore during the first quarter of 2024-25.

Its revenue from operations of the company grew 1.64 per cent during the quarter under review at ₹9,216 crore compared to ₹9,067 crore in the same period of the previous fiscal year.

“We are pleased to report a strong start to FY26, reflecting the strength of our portfolio. All the platforms have been able to improve margins and cash generation,” UPL Chairman and Group CEO Jai Shroff said.

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Published on August 4, 2025