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Reported consolidated net revenue of $276 million, a 17.7% increase on a year-to-year basis.
February 8, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Uflex Ltd. declared its earnings for the third quarter ended Dec. 31, 2018, and reported consolidated net revenue of INR 1981.1 crore ($276 million), a jump of 17.7% on year-over-year basis. The consolidated EBITDA for Q3 FY18-19 stood at INR 227.7 crore ($31.7 million), showing an increase of 13.6% year over year. “The performance during this quarter is exceptional against the backdrop of huge volatility in crude oil prices,” Rajesh Bhatia, group CFO at Uflex Limited, said. “From a high of $8...
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