UFLEX Limited — Others, 17-05-2025: Appointment
UFLEX Limited has announced a board meeting on the approval of audited financial results for the quarter and year ended March 31, 2025, with unmodified audit opinions. The Board proposed a dividend of Rs. 3 per equity share (30%), subject to shareholder approval. The company began commercial operations at its PET Chips Plant in Egypt this quarter. Consolidated revenue reached Rs. 15,036 Cr with a net profit of Rs. 142 Cr; standalone revenue was Rs. 7,724 Cr with net profit of Rs. 214 Cr. Exceptional losses were mainly due to foreign exchange impacts at subsidiaries. Independent Directors and Secretarial Auditors were recommended for re-appointment, pending shareholder consent. The company expects no material impact from ongoing income tax demands.
