Indian flexible packaging company, Uflex ltd. consolidated total revenue of Rs. 1535 crore and net profit Rs. 78 crore for Q2 financial year 2015-16. There has been 20% increase in the net profit which has increased from Rs. 65 crores last year to Rs. 78 crores this year. The company has established benchmarks of success and innovation with 19% growth in the net profit rate in the first half of the financial year 2015-16. It has increased from Rs. 129 crores to Rs. 154 crores this year. The total revenue consolidated in this year is Rs. 3140 crores which was Rs. 3201 crore during the same period in the financial year 2014-15.
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.”