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Reading: Uflex logs Q3 consolidated web revenue of Rs 137 crore; income up 12.7%; shares leap 5%
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StockWaves > Business > Uflex logs Q3 consolidated web revenue of Rs 137 crore; income up 12.7%; shares leap 5%
Business

Uflex logs Q3 consolidated web revenue of Rs 137 crore; income up 12.7%; shares leap 5%

StockWaves By StockWaves Last updated: February 17, 2025 7 Min Read
Uflex logs Q3 consolidated web revenue of Rs 137 crore; income up 12.7%; shares leap 5%
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Uflex Q3 FY25 Earnings: Uflex, a Noida-headquartered built-in flexiblepackaging and options firm, on Friday registered a consolidated web revenue of Rs 136.82 crore for the quarter ended December 31. That marked an enchancment over a consolidated web lack of Rs 67.22 crore for the corresponding interval a 12 months in the past.

Uflex mentioned that a greater asset utilisation, its improved portfolio combine and overseas change charges aided its profitability within the quarter underneath evaluation.

Its web revenue was aided by a Rs 25.7 crore forex translation acquire through the quarter, in distinction to an distinctive forex translation lack of Rs 100.1 crore a 12 months in the past, it mentioned.

The corporate logged a 12.7 per cent year-on-year improve in its income for the third quarter of the present monetary 12 months, at Rs 3,684.22 crore, based on a regulatory submitting.

Income from its versatile packaging actions unit grew 12.5 per cent to Rs 3,641.79 crore however that from its engineering actions phase decreased 10.3 per cent to Rs 116.21 crore.

The corporate mentioned its gross sales volumes expanded 6.3 per cent to 1,57,036 MT within the December quarter.

The corporate mentioned that its newest quarterly efficiency demonstrates the sustainability and inherent energy of its enterprise mannequin, constructing on the stable basis laid within the first half of FY25.

Uflex mentioned that the capability utilisation in packaging movies elevated 10.9 per cent within the third quarter.

Uflex mentioned that its general quarterly efficiency mirrored its capacity to drive progress throughout key segments whereas optimising capability utilisation to strengthen gross sales, improve profitability and develop working margins.

The home FMCG sector has confronted sluggish city progress over the previous three quarters as a result of excessive meals inflation and dwelling prices, whereas rural markets continued to outpace city demand constantly within the final 4 quarters, mentioned Uflex.

On Monday, Uflex shares ended 5.3 per cent increased at Rs 481.1 apiece on BSE, as traders reacted to the earnings report.

Catch key inventory market updates right here. For all different information, go to Zeebiz.com.                                                                                                                   



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