Uflex Results Earnings Call for Q3FY23
Conference Call with Uflex Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.20-02-2023
20-02-2023
UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Recording of earnings conference call conducted on February 16, 202316-02-2023
UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Updates on Conference Call under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 201516-02-2023
Uflex plummets 7% after reporting net loss of Rs 85 crore in December quarter
The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago15-02-2023
Q3FY23 Quarterly Result Announced for Uflex Ltd.
Containers & Packaging firm Uflex announced Q3FY23 results: Q3FY23: Total income shows marginal growth of 0.6% YoY to Rs 3,496 crore. For the nine months ended December 31, 2022, total income grew 23% YoY to Rs 11,391 crore. The company's earnings before interest, depreciation & amortization, tax and foreign exchange gain/loss are at Rs 429 crore as compared to Rs 599 crore in the corresponding quarter of FY22. UFlex recorded a profit (PAT) of Rs 314 crore. During the third quarter, notional foreign exchange losses due to currency devaluation/fluctuations aggregated to Rs 236 crore, which is unprecedented. Packaging sales volumes grew 34.3% YoY. Continued progress on its sustainability vision with a presentation to brand owners and industry leaders at an Alliance to End Plastic Waste (AEPW) board meeting at the New York Stock Exchange; showcases expertise in building circularity and strengthening the waste-to-wealth value chain on a global platform. Ashok Chaturvedi, Chairman and Managing Director UFlex Ltd., stated, "It has been a challenging quarter for the packaging industry globally, with rising energy costs in the European Union, rising interest rates, and weakened growth momentum in the United States and other developed economies. UFlex is confident of navigating these current macroeconomic conditions and will continue to deliver longterm stakeholder value. Our distributed global manufacturing strategy, execution capabilities, investments in research and development, and product innovation will enable us to deliver year-on-year profitable growth. We are making great progress on our sustainability journey and are in the process of commissioning PostConsumer Recyclate (PCR) and Multi-Layered Plastic (MLP) recycling facilities in Mexico and Poland. UFlex has recycled more than half a million tons of Multi-Layer mixed Plastic Waste (MLP) so far. In Q3, 2022, it was a great honor for UFlex to be invited to make a presentation on our recycling experience to brand owners and industry leaders at an Alliance to End Plastic Waste board meeting at the New York Stock Exchange. UFlex has offered to lend its technical expertise in recycling Multi-Layer mixed Plastic Waste to civic bodies, regulators, policymakers, and brand owners globally". Result PDF15-02-2023
UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release14-02-2023
UFLEX LTD. - 500148 - Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December, 2022 Along With Limited Review Report Thereon
Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and nine months ended 31st December, 2022 along with Limited Review Report thereon14-02-2023
UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Cessation
Intimation of Completion of second term of Mr. Tara Sankar Bhattacharya (DIN: 00157305) as an Independent Director of the Company14-02-2023
UFLEX LTD. - 500148 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Conference Call under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 201513-02-2023
UFLEX LTD. - 500148 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Issue of Duplicate Share Certificates in lieu of old Share Certificates13-02-2023