Uflex Ltd reported its quarterly results for the quarter ended December 2016. The company came out with a good quarter operationally though topline remained muted.Speaking to CNBC-TV18 RK Jain, Grp Pres-Corp (F&A) said profit after tax (PAT) declined by Rs 20 crore which was attributable to higher tax provisions and fluctuations that took place in Forex.According to Jain, demonetisation failed to yield any big impact on its results.Jain said its sales volume grew by eight percent for nine months period and he expects a double digit volume growth going forward into Q4.Watch video for more...
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