Uflex Top Line for FY 2017-18 Up by 9% Y-O-Y; Volumes are Up too!

 
Uflex Top Line for FY 2017-18 Up by 9% Y-O-Y; Volumes are Up too!

India’s largest multinational flexible packaging materials and solution company Uflex Limited has declared the earnings for the Quarter ended 31 March 2018.

The Consolidated Total Revenue for Q4 FY 2017-18 stood at Rs.1815.6 Crore as compared to Rs. 1625.7 Crore in the last quarter of the previous fiscal thereby registering a 12% growth.

At the operating level, EBITDA for the Quarter ended 31 March 2018 stood at Rs. 229.3 Crore as compared to the Quarter ended 31 March 2017 when it was Rs. 225 Crore thereby up by 2%. The Consolidated Net Profit for Q4 FY 2017-18 at Rs. 71.1 Crore dropped by 28% w.r.t. the same quarter in the previous fiscal. This is primarily due to increased depreciation cost on account of commissioning of Aseptic Packaging Plant and higher tax outgo.

Consolidated Top Line for FY 2017-18 stood at Rs. 6720.5 Crore recording a 9% Y-O-Y growth. EBITDA for the fiscal ended 31 March 2018 remained more-or-less muted at Rs. 902.6 Crore. During FY 2016-17 the EBITDA stood at Rs. 898.9 Crore. Consolidated Net Profit for FY 2017-18 has been Rs. 310.5 Crores as compared to Rs. 348.5 Crore in FY 2016-17.

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