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UPL Shares Fall As Analysts Flag Debt Concerns After Q1 Results


Shares of UPL Ltd. fell the most in nearly six weeks as analysts flagged concerns over mounting debt on working capital needs.The fertiliser maker’s net profit, however, beat estimates in the quarter ended June.UPL Q1 FY23 Results (Consolidated, YoY)Net profit at Rs 877 crore vs Rs 677 croreRevenue at Rs 10,821 crore vs Rs 8,515 croreEbitda at Rs 2,343 crore vs Rs 1,863 croreEbitda margin at 21.6% vs 21.9%Upgrades Ebitda growth guida…


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