Country’s largest flexible packaging company Uflex is targeting to double its top-line to $2 billion in the next four years. The company’s revenue is growing by 20% every year, and it is expecting bottom line to grow between 30-35%.
Moreover, the company will also set up a new plant in the western region. Further, the company has three manufacturing units at Noida, Jammu and Malanpur in Gwalior for producing plastic films and value added products for its packaging business.
The company had reported 19.27% decline in consolidated net profit at Rs 45.7 crore for the second quarter ended September 30, 2013. In the first quarter, which ended on June 30, Uflex's profit dipped to Rs 43 crore.
| Company Name | CMP |
|---|---|
| Uflex | 402.30 |
| EPL | 230.00 |
| AGI Greenpac | 574.45 |
| Huhtamaki India | 186.40 |
| TCPL Packaging | 2664.65 |
| View more.. | |
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