UFLEX Limited — Others, 14-02-2025: Giving guarantees/indemnity/ becoming a surety for third party

The Board of UFLEX has approved unaudited financial results for the quarter and nine months ended December 31, 2024, highlighting a total income of ₹3,77,423 lakh, which indicates growth from ₹3,34,538 lakh in the previous year. The net profit after tax stands at ₹13,681 lakh compared to a loss of ₹6,727 lakh in the same quarter last year. Furthermore, the company will establish a recycling unit for PET bottles and mixed plastics in Noida, aiming to enhance capacity and address growing demand for recycled products, with an estimated investment of ₹317.11 crore. The new facility in Mexico will focus on WPP bags, tapping into the North American market. This strategic expansion and solid financial performance may foster a positive outlook among investors, despite potential risks associated with new initiatives.