The company reported consolidated EBITDA at INR 725 Cr for Q1 FY22-23, up 44.3% YoY, while consolidated net profit stood at INR 374.5 Cr , up 41.9% YoY.
Consolidated sales recorded a year-on-year increase of 46.5% to 4045.8 Cr in the said quarter.
EBITDA margin for Q1FY23 was 17.9%. Total production rose 14.8% year-on-year to 159,793 MT in the quarter, and total sales were 154,811 MT, a 15.7% year-on-year jump.
Increased Aseptic Liquid Packaging plant capacity was available during the quarter and the business achieved 123% year-over-year sales volume growth.
Uflex has been at the forefront of innovation and has added several feathers to its cap in the past which has been the foundation of its growth story and now the game-changing innovation is expected to cement its leadership position and create new business opportunities.
Focusing on “high margin” business with lower investment will help the company improve its return ratio. The company is constantly adopting an innovative approach and creating a niche for itself. Going forward, the company would seek to increase the share of revenue from the packaging industry, thereby improving returns.
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,