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UFlex Clocks 6.8% Increase in Sales Volume in Q4 2024

Consolidated net revenue for Q4 FY24 was $419 million, up by 4.5% QoQ and 3% YoY.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

UFlex Limited reported its audited consolidated net revenue for Q4 FY24 at Rs. 34,967 million ($419 million), up by 4.5% QoQ and 3% YoY. The adjusted EBITDA for the quarter stood at Rs. 4,550 million ($54 million), up by 6.9% QoQ and 6.3% YoY. The  adjusted EBITDA margin stands at 13%, increasing by 30 BPS QoQ and 40 BPS YoY. The overall sales volume grew by 10.5% YoY, including volume growth of 13.7% and 1.5% YoY in the films and packaging business respectively. “FY24 has been a year of c...

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