Uflex Q1 net dips 23% at Rs 43 crore
Uflex today said its consolidated net profit declined by 23.21 per cent to Rs 43 crore for the first quarter ended June 30, 2013.
By PTI |
NEW DELHI: Packaging firm Uflex today said its consolidated net profit declined by 23.21 per cent to Rs 43 crore for the first quarter ended June 30, 2013.
The company had posted a net profit of Rs 56 crore during the same period of previous fiscal.
Net sales of the company, however, rose to Rs 1,398 crore for the first quarter, as against Rs 1,376 crore for the same period of previous fiscal, Uflex Ltd said in a statement.
The company offers its flexible packaging products and solutions globally to clients including Unilever, Pepsi, Wrigley and Procter & Gamble.
Shares of Uflex today closed at Rs 49 apiece on the BSE, down 3.16 per cent from their previous close.
The company had posted a net profit of Rs 56 crore during the same period of previous fiscal.
Net sales of the company, however, rose to Rs 1,398 crore for the first quarter, as against Rs 1,376 crore for the same period of previous fiscal, Uflex Ltd said in a statement.
The company offers its flexible packaging products and solutions globally to clients including Unilever, Pepsi, Wrigley and Procter & Gamble.
Shares of Uflex today closed at Rs 49 apiece on the BSE, down 3.16 per cent from their previous close.
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