Uflex Q2 profit up 43.29 per cent to Rs 64.31 crore

NEW DELHI: Flexible packaging company Uflex Ltd has reported an increase of 43.29 per cent in consolidated net profit at Rs 64.31 crore for the quarter ended September 30, 2014.

The company had posted a consolidated net profit of Rs 44.88 crore in the July-September quarter of previous fiscal.

Its consolidated net income increased 10.24 per cent to Rs 1,671.03 crore during the quarter under review as against Rs 1,515.79 crore in the same period a year ago, the company said in a filing to the BSE.

Uflex has manufacturing base in India, Mexico, Dubai, Egypt, Poland and Kentucky to cater global markets spanning USA, Canada, South America, the UK, Europe and others.

Shares of the company closed at Rs 158.30 on the BSE, down 3.27 per cent from previous close.