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Indian flexible packaging and ink specialist clocks highest ever revenue in FY23 at $1.8 billion, with 11.4% YoY revenue growth.
June 5, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
UFlex Ltd announced its consolidated financial results for the fourth quarter and full year ended March 31, 2023. The company’s unaudited results were approved by the Board of Directors in a meeting held earlier. The consolidated revenue of the company grew by 11.4% YoY to INR 14,784 crore ($1.8 billion) in FY23, driven by 32.6% sales volume growth in Packaging (Flexible and Aseptic). The company’s earnings before interest, depreciation & amortization, currency devaluation/fluctuation gai...
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