Industry News, Ink Manufacturers News

UFlex Posts Strong Q1 Numbers

The India-based flexible packaging company saw consolidated net profit surge by 116.7% YoY.

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By: Anthony Locicero

Copy editor, New York Post

UFlex Ltd., a multi-national flexible packaging company based in India, has declared its earnings for the first quarter of FY2020-21.    The company’s consolidated net profit surged by 116.7% YoY, while consolidated total revenue for the first quarter of fiscal 2020-21 stood at INR 1997.5 crore, a marginal increase of 0.78% YoY.   “Q1 FY2020-21 has been a quarter of great progress for UFlex. With innovations seen in FlexiTubes, spout pouches and other product portfolios, we have be...

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