Uflex Q2 net profit up 1.6% to Rs 96.10 cr

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Press Trust of India New Delhi
Last Updated : Nov 03 2018 | 8:40 PM IST

Packaging company Uflex Ltd on Saturday reported an increase of 1.59 per cent in consolidated net profit at Rs 96.10 crore for the second quarter ended September 2018.

The company had posted a net profit of Rs 94.59 crore during the July-September quarter a year ago, Uflex said in a BSE filing.

However, its total income was up 25.99 per cent to Rs 2,020.79 crore during the quarter under review as against Rs 1,603.83 crore in the corresponding quarter of the previous fiscal.

Commenting on the results, Uflex Group CFO Rajesh Bhatia said: "The overall sales volume grew by 10.4 per cent to 79,992 MT (million tonnes) for packaging films and 11.6 per cent to 21,089 MT for packaging in Q2FY 2018-19 on a year-on-year basis."

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First Published: Nov 03 2018 | 8:40 PM IST

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