Monthly Archives: February 2019
Uflex Honoured with ‘Excellence in Packaging – Beverages’ at The ET Polymers Awards 2019
February 13, 2019, Noida: Continuing with its string of wins, Uflex Ltd has been recognized for innovative packaging in the category of Excellence in Packaging – Beverages (Large Enterprises) for Asepto Spark ‘Fresca’ at The Economic Times Polymers Awards 2019 held on Feb 12, 2019 at Mumbai.
The company has won the award for Fresca packaging, the first holographic pack of the era. On receiving the award, Ashwani Kumar Sharma, President & CEO at Uflex Ltd, said, “The idea of our packaging innovation was to enhance the shelf appeal which was deprived in the printed cluster. Asepto Spark and Premium range filled that void and created a new horizon of packaging for brands to look forward to.”
Uflex Steals the Show at IFCA STAR AWARDS 2018 with Six Wins
February 11, 2019, Noida (India): Uflex stole the show with six awards at the recently held IFCA STAR AWARDS 2018 with special emphasis on Innovation, Graphics, Creativity, Branding and R&D. IFCA Star Awards is a prestigious award for the Flexible Packaging & Carton Packaging industries that provides the packaging sector with a platform to showcase innovative minds in the industry and recognize their continuous efforts through development of pioneering products and technology.
The distinguished jury members who have carved a niche for themselves in the Packaging and FMCG industry helped IFCA to examine all the submissions and identify the winning entries.
Uflex Posts a Strong Performance in Q3 FY2018-19
07 February 2019, Noida, U.P (India): Uflex Ltd declared its earnings for the Quarter ended December 31, 2018 and reported consolidated net revenue of INR 1981.1 crore, a jump of 17.7% on Y-o-Y basis. The consolidated EBITDA for Q3 FY18-19 stood at INR 227.7 crore, showing an increase of 13.6% Y-O-Y while the consolidated net profit rose marginally by 3.8% Y-o-Y to 54 crore for Q3 FY19.
Total Production Volume during the quarter was 96876 MT up 4.4% Y-o-Y and Total Sales Volume rose by 3.1% Y-o-Y to 94229 MT.