2015-11-02
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Business Wire


Uflex Limited's Consolidated Total Revenue for Q2 FY 2015-16

UFLEX Limited (2:53PM) 

Business Wire India

India's largest flexible packaging company has registered consolidated total revenue of Rs. 1535 crore for the quarter ended 30th September 2015 as against Rs. 1665 crore for the same period during the last financial year. The consolidated net profit for Q2 FY 2015-16 is Rs. 78 crore as against Rs. 65 crore for the same period last year, thus clocking a growth of 20%.The consolidated total revenue from 01st April 2015 up to 30th September 2015 stands at Rs. 3140 crore vis-à-vis Rs. 3201 crore for the corresponding period in the last financial year (i.e. FY 2014-15). The net profit for the first half of FY 2015-16 is Rs. 154 crore against Rs. 129 crore for the corresponding period in the last financial year registering a growth of 19%.

Upon the declaration of results for Q2 at the Board Meeting earlier today, Mr. Ashok Chaturvedi, Chairman and Managing Director of Uflex Group said, "Uflex has its roots in India and is proud to further Government's mission of, 'Make in India'. With the new Aseptic Packaging Plant for packing liquid products that will go operational in the first half of 2017 at Sanand - Gujarat, we will complete the entire bouquet of product offering which at present spans across solids, semi solids, pastes, gels, viscous fluids, powders and granular materials. The fact that Uflex has become 'A part of your daily life' is gratification of sorts. Thank you for making us what we are today. We will continue to delight you with the most innovative flexible packaging solutions to the best of your advantage. The year ahead looks promising and your Company expects to scale greater heights."

Uflex has been registering sustained growth on the back of ever increasing demand for flexible packaging solutions world over. Innovation for creating differentiation coupled up with proximity to customers gives the Company a natural advantage over competition. With relentless R&D and technological prowess by its side Uflex has raised the benchmark of excellence in the flexible packaging industry. Uflex already has an impressive customer base which it keeps enhancing over time. The company will be able to hit the ground running soon after the new aseptic packaging plant goes operational early 2017. This would further augment the revenue stream of the company.

About Uflex

Uflex Limited is the largest fully integrated Indian flexible packaging solution provider to a range of clients across industries both in India and overseas. It enjoys a formidable market presence in more than 140 countries. Since its inception back in 1983, Uflex has grown from strength to strength to evolve as a truly Indian Multinational with consumers spread across the world. Uflex today has state-of-the-art packaging facilities at multiple locations in India with installed capacity of over 99,000 TPA. Uflex's plastic film manufacturing facilities in India, UAE, Mexico Egypt, Poland and USA have a cumulative installed capacity in excess of 337,000 TPA.

Uflex Film lines are accredited with ISO 9001, 14001 and HACCP certifications. Uflex caters to markets spanning across the globe in countries like USA, Canada, South American countries, UK and other European Countries, Russia, South Africa, CIS, Asian and African nations. Integrated within its core business profile are allied businesses like Engineering, Cylinders and Chemicals which further give Uflex a superior edge above competition. Uflex Limited is also a part of the D&B Global Database and winner of various prestigious national and international awards for its products' excellence. Uflex Ltd offers technologically superior packaging for a wide variety of products such as snack foods, candy and confectionery, sugar, rice & other cereals, beverages, tea & coffee, dessert mixes, noodles, wheat flour, soaps and detergents, shampoos & conditioners, vegetable oil, spices, marinates & pastes, cheese & dairy products, frozen food, sea food, meat, anti-fog, pet food, pharmaceuticals, contraceptives, garden fertilizers and plant nutrients, motor oil and lubricants, automotive and engineering components etc.

Some of Uflex's clients on the global turf include P&G, PepsiCo; Tata Global; Mondelez, L' Oreal, Britannia, Haldiram, Amul, Kimberly Clark, Ferro Rocher, Perfetti, GSK, Nestle, Agrotech Foods, Coca Cola, Wrigley, Johnson & Johnson among others.

Mavcomm Consulting Pvt. Ltd., Subrat Sarangi, +91-9899501299
Mavcomm Consulting Pvt. Ltd., T. Anand Mahesh, +91-9870716285
s.sarangi@mavcommgroup.com
anand@mavcommgroup.com

New Delhi, Delhi, India

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