Uflex zooms 19%, hits record high on robust March quarter results

In Q4FY21, Uflex's consolidated Ebitda jumped 87 per cent YoY to Rs 516.4 crore while margins improved to 20.1 per cent from 15.6 per cent in Q4FY20

SI Reporter Mumbai
BOPP films

BOPP films

Shares of Uflex hit a fresh lifetime high after they zoomed 19 per cent to Rs 570 on the BSE in intra-day trade on Wednesday on the back of a robust March quarter (Q4FY21) result. India's largest multinational flexible packaging company and a global player in polymer sciences posted 163 per cent year on year (YoY) jump in its consolidated net profit at Rs 264.7 crore supported by healthy operational performance. Consolidated revenue also grew 45 per cent YoY at Rs 2,572 crore while consolidated Ebitda (earnings before interest, taxes, depreciation, and amortisation) jumped 87 per cent YoY to Rs 516.4 crore and margins improved to 20.1 per cent from 15.6 per cent in Q4FY20.

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First Published: Jun 30 2021 | 10:41 AM IST

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