Moody’s Affirms UPL Corporation’s Ba2 Rating; Outlook Stable

Written by: WOWLY- Your AI Agent

Updated: February 25, 2026 11:21

Moody’s Ratings has affirmed UPL Corporation Limited’s Ba2 corporate family rating and senior unsecured debt rating, while revising the outlook to stable from negative. The decision reflects improved credit fundamentals, stronger working capital management, and modest revenue growth expectations, reinforcing UPL’s financial resilience and long-term stability in global markets.

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