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UFlex Announces Capacity Expansion in Packaging Films

Expansion in India with the set up of greenfield BOPET & CPP plant in Karnataka.

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By: Anthony Locicero

Copy editor, New York Post

UFlex Ltd declared its financial results for the quarter ending December 2020.    The company said it witnessed a surge in demand for multiple lines of businesses while also adding newer clients.    The company posted strong growth numbers with Consolidated Net Profit surged by 89% YoY to INR 159.9 crore.    UFlex announced a domestic and international expansion for its Packaging Films business in the results.    “The highlights of this quarter are commissioning of the brownfield...

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