Uflex Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 14, 2022 at 01:35 pm
Share
Uflex Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 37,375.5 million compared to INR 29,839 million a year ago. Revenue was INR 38,488.2 million compared to INR 30,361.5 million a year ago. Net income was INR 1,907.2 million compared to INR 1,707.4 million a year ago. Basic earnings per share from continuing operations was INR 26.41 compared to INR 23.64 a year ago. Diluted earnings per share from continuing operations was INR 26.41 compared to INR 23.64 a year ago.
For the six months, sales was INR 77,320.1 million compared to INR 57,067.8 million a year ago. Revenue was INR 78,945.8 million compared to INR 57,973.1 million a year ago. Net income was INR 5,652.1 million compared to INR 4,347.7 million a year ago. Basic earnings per share from continuing operations was INR 78.27 compared to INR 60.21 a year ago. Diluted earnings per share from continuing operations was INR 78.27 compared to INR 60.21 a year ago.
UFLEX Limited is an India-based flexible packaging materials and solutions company. The Company operates through two segments: Flexible Packaging Activities and Engineering Activities. The Flexible Packaging Activities segment is engaged in manufacturing and exporting a wide variety of products such as flexi-tubes, lids, confectionery foils, and others. The Engineering Activities segment is engaged in manufacturing packaging, printing, and allied machines. Its business consists of aseptic liquid packaging, flexible packaging, packaging films, chemicalâs business, printing cylinders, engineering business and holography business. It manufactures a variety of flexible packaging films, such as biaxially oriented polypropylene (BOPP) films, biaxially oriented polyethylene terephthalate (BOPET) films, cast unoriented polypropylene (CPP) film, metalized films, alox coated films and post-consumer recycled content (PCR) grade polyethylene terephthalate (PET) films asclepius.
UFLEX LIMITED 
