Uflex closes up by 3.49% on NSE, owing to impressive Q1FY18 results
DSIJ Intelligence / 14 Aug 2017
Uflex Limited, India’s largest multinational flexible packaging materials and Solution Company has registered 8% bottom line growth (Y-O-Y) during the quarter ended 30th June 2017.
Uflex Limited, India’s largest multinational flexible packaging materials and Solution Company has registered 8% bottom line growth (Y-O-Y) during the quarter ended 30th June 2017.
The Consolidated Net Profit was reported Rs. 93 Crore as compared to Rs. 86 Crore during the first quarter of Q1FY17.
Consolidated EBITDA rose by 4% to stand at Rs. 236 Crore as against Rs. 228 Crore during the same period in the previous fiscal.
Consolidated Total Revenue for the first quarter of the current financial year is Rs. 1624 Crore as against Rs. 1516 Crore in the same quarter last financial year thereby registering a 7% topline growth (Y-O-Y).
The total sales volume also grew by 5% as compared to the first quarter of FY 2016-17.
Uflex Limited closed at Rs 401.40 on NSE, increasing by 3.49% from August 11. The stock has increased by 76.44% in the last one year.
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