Uflex reports 2-fold jump in Q1 consolidated net profit
19th Aug 2020

Uflex has reported results for the first quarter ended June 30, 2020.

The company has reported over 3-fold jump in its net profit at Rs 41.12 crore for the quarter under review as compared to net profit of Rs 13.99 crore for the same quarter in the previous year. Total income of the company decreased by 5.97% at Rs 992.09 crore for Q1FY21 as compared Rs 1,055.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 196.54 crore for the quarter under review as compared to net profit of Rs 90.91 crore for the same quarter in the previous year. Total income of the company increased by 0.79% at Rs 1,997.54 crore for Q1FY21 as compared Rs 1981.97 crore for the corresponding quarter previous year.