UPL narrows Q1 loss to Rs 176 crore; trims net debt on improved working capital

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UPL Limited narrowed its Q1FY26 consolidated net loss to Rs 176 crore from Rs 527 crore a year earlier. Revenue rose slightly, while expenses remained flat. The company cited weak grower sentiment and low commodity prices in key markets. Net debt reduced significantly due to lower working capital and improved gearing.