UFLEX Limited posts Q1 results for FY2026; Net Profit stands at 42,333 Lacs
UFLEX Limited has announced the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board of Directors approved the results following a limited review report furnished by the company’s Statutory Auditors.The consolidated results reflect significant operations across Uflex Limited and its subsidiaries and associates. Management also confirmed that during the quarter, the company successfully commissioned a PET Bottles and mixed plastics recycling unit at Noida, Uttar Pradesh.
Financial Performance Snapshot (Consolidated)
For the quarter ending June 30, 2026, the consolidated results show the following performance:| Metric | Value (Rs. in lacs) |
|---|---|
| Revenue from operations | 536,603 |
| Total Income | 9,715 |
| Total Expenses | 90,666 |
| Profit before Tax & Exceptional items | 49,049 |
| Net Profit after tax (Consolidated) | 42,333 |
Subsidiary and Associate Performance
The unaudited consolidated financial results include the performance of Uflex Limited, its subsidiaries, and associated entities. Key figures relating to international operations during the quarter are:- Subsidiaries outside India: Nine subsidiaries located outside India generated revenues totaling Rs. 303,211 Lacs for the quarter ended June 30, 2026. These subsidiaries reported a net profit after exceptional items and tax of Rs. 54,675 Lacs, with a total comprehensive income of Rs. 54,675 Lacs.
- Associate: For the quarter ended June 30, 2026, the Group’s share of net profit or loss after tax from its associate, Flex Foods Limited, was reported at Rs. (62) Lacs, with a total comprehensive income or loss of Rs. (62) Lacs.
The review also detailed interim results of specific subsidiaries:
| Subsidiary | Total Revenues (Rs. in lacs) | Net Profit/(Loss) after tax (Rs. in lacs) | Total Comprehensive Income/(Loss) (Rs. in lacs) |
|---|---|---|---|
| Flex Films (USA) Inc. | 69,455 | (974) | (974) |
| Uflex Packaging Inc. USA | 7,712 | 511 | 511 |
Emphasis of Matter: Income Tax Demands
The auditors drew attention to the income tax demands raised by the Income Tax Department. These orders relate to assessment years from 2020-21 to 2023-24 and cover an aggregate demand order of Rs. 50,068.58 lacs. This action followed a search activity conducted on the Company under Section 132 (1) of the Income Tax Act, 1961, in February 2023.The report noted that both Uflex Limited and the Income Tax Department have preferred appeals regarding these matters before the Hon'ble Income Tax Appellate Tribunal (ITAT), and the adjudication is currently pending. Management has stated that based on their expert opinion and available facts, they believe the company maintains a strong case in its favour.
UFLEX Stock Price Movement
Shares of UFLEX Limited slipped by 2.15%, closing at ₹488.4 on Friday after trading down ₹10.60 from the previous close. The equity accounted for a traded volume of 150,907 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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