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Company experienced a surge in consolidated net profit by 43.5% year-over-year.
July 1, 2020
By: Anthony Locicero
Copy editor, New York Post
UFlex Ltd. declared its earnings for Q4 (January-March) and FY2019-20. The company has had a strong quarter with a surge in consolidated Net Profit by 43.5% YoY to 100.6 cr for Q4 FY19-20; whereas its consolidated EBITDA rose by 6.3% YoY to 276.4 cr and EBITDA margin improved to 15.6% from 12.6% last year. “The year that went by brought its own set of challenges starting with a slowdown in the economy to rising debate on plastic waste management and lastly the unexpected disrupti...
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