Category Archives: Flexible Packaging

UFlex Closes Q2 of FY19-20 with EBITDA of 279 cr (YoY Growth of 5.4%) & EBITDA Margin of 14.9%

13 November 2019, Noida: UFlex Ltd, India’s largest multinational flexible packaging company and a global player in polymer sciences, today declared its earnings for the quarter ended September 30, 2019 and its consolidated EBITDA for Q2 FY19-20 stood at INR 278.8 cr, showing an increase of 5.4% YoY basis while its consolidated net profit fell marginally by 1.8% YoY to INR 94 cr.

The Total Production Volume during the quarter was 94218 MT as compared to 102442 MT during Sept 2018 quarter and Total Sales Volume for the quarter was 93951 MT as compared to 101081 MT in Sept 2018 quarter. Lower production and sales volume are attributed to closure of one BOPET line in Dubai as it is being shifted to Russia. The company reported consolidated net revenues of INR 1875.3 cr for second quarter of fiscal 2019-20, registering a drop of 7.2% on Y-o-Y basis.

CEO Insights interview with UFlex Group CFO Rajesh Bhatia in their latest issue featuring ’10 Most Inspiring CFOs – 2019′

Anantshree Chaturvedi, Vice Chairman & CEO of FlexFilms International in an exclusive interview with PCI magazine speaks about how advances like the company’s 90% PCR plastic film range Asclepius

Anantshree Chaturvedi Exclusive Interview with Mahan hazarika Editor of The Packman about FlexFilms’ Asclepius – Certified 90% PCR content BOPET films – reports The Packman | Sep-Oct 2019 Print edition

Flexible Packaging is 100% Recyclable and Reusable : Ashok Chaturvedi, CMD, Uflex Limited – reports The Packman | Sep-Oct 2019 Print edition