Healthy volume and margin recovery seen in flexible and aseptic packaging businesses. Better numbers expected in the upcoming quarters
With over-supply issues largely behind, volumes and margins to improve in the coming period
The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago
Revenue from operation was up 35.82 per cent to Rs 3,027.31 crore during the quarter under review as against Rs 2,228.75 crore in the corresponding period of the previous fiscal year.
The company had posted a net profit of Rs 94.26 crore during the July-September period a year ago, Uflex said in a regulatory filing.
Total income during the quarter under review was up 17.74 per cent to Rs 1,981.09 crore as against Rs 1,682.47 crore in the corresponding quarter of the previous fiscal.
Nirmal Bang is bullish on Uflex Ltd has recommended buy rating on the stock with a target price of Rs 504 in its research report dated April 11, 2018.
India’s largest flexible packaging company Uflex Ltd has won the ‘Best Employer Brand’ Award for the year 2015 in ...
India’s largest flexible packaging company Uflex Ltd has won the ‘Best Employer Brand’ Award for the year 2015 in ...
Uflex Ltd., has registered the Consolidated net revenue for the March quarter of 2013 of Rs. 1240 crore as against Rs. 1175 crore for the same period last year, up 5.5% whereas the sales volume has grown by 13% due to availability of additional capacities at the new manufacturing facilities that commenced operations.
Finance Minister has adopted a very modest approach in preparing the Budget for the FY 2012-13 and largely focused on establishing a balancing act between GDP growth and fiscal deficit to the respective levels of 7.6% and 5.1% which seems to be more realistic targets to be achieved.