UFLEX Limited — Others, 15-11-2024: Corrigendum

UFlex Limited has published a corrigendum to its earlier earnings release, correcting details for the quarter and half-year ended September 30, 2024. The company reported consolidated net revenue of ₹38,532 million, reflecting a 13.7% year-over-year (YoY) growth. Normalized EBITDA for the quarter was ₹4,383 million with a margin of 11.4%. Despite challenging economic conditions impacting consumer sentiment, UFlex experienced a positive shift towards premium products, indicating potential for sustained growth. The company's planned expansions in key markets, particularly its aseptic packaging facility in Egypt, signals a positive outlook for future profitability and operational strength.