Uflex Starts Q1 FY2019-20 with a Steady Performance
- Reports 8.7% rise in Consolidated EBITDA & 11.7% increase in Standalone EBITDA Y-o-Y for Q1 FY2019-20
13 August 2019, Noida, U.P (India): Uflex Ltd, India’s largest multinational flexible packaging company, today declared its earnings for the quarter ended June 30, 2019 and reported. The Consolidated Revenue grew by 3.6% to INR 1982 cr in Q1 and EBITDA rose by 8.7% to INR 277.3 cr Y-o-Y. On standalone basis, the revenue increased by 2.23% to INR 1051 crore and EBITDA jumped by 11.7% to INR 132.6 crore. The consolidated net profit dropped by 3.6% Y-o-Y to 90.7 crore for Q1 FY2019-20, due to higher tax provision.
