Packaging major Uflex step down subsidiary company - Flex P. Films (Egypt) S.A.E. has commissioned Al-Ox Coater, CPP-film line at Egypt and is functional.
Uflex manufactures flexible packaging solutions. Earlier known as Flex Industries, currently it is the largest flexible packaging company in India. Being one of the leading companies in Asia pacific region; UFLEX has capacity of 25000 TPA.
The company’s net profit for the quarter ended March 31, 2011 surged 275% at Rs 181.21 crore against Rs 48.31 crore for the quarter ended March 31, 2010. The company has reported net sales / income from operations of Rs 965.16 crore for the quarter ended March 31, 2011 against Rs 677.41 crore for the quarter ended March 31, 2010.
