India's flexible packaging behemothic, Uflex Express reported 10.6% increase in overall sales book on year-on-year ground, thereby achieving highest always consolidated cyberspace revenue of INR 2020.8 crore for the quarter ended xxx September 2018. The consolidated internet revenues showed a leap of 26% from INR 1603.viii crore in the same quarter last fiscal. Uflex also achieved the highest ever quarterly total product volume of 102442 MT.
The consolidated EBITDA for Q2FY18-19 increased past almost 12% Y-O-Y to INR 264.6 crore from INR 236.5 crore. The consolidated net turn a profit for Q2FY18-19 at INR 95.seven crores was higher by 1.5% Y-OY.

Commenting on the earnings, Rajesh Bhatia, group chief financial officer at Uflex Limited said, "In the flexible packaging industry, a reliable indicator of growth is book which conspicuously reflects the demand of the company'south products. The overall sales volume grew by ten.4% to 79992 MT for packaging films and 11.vi% to 21089 MT for packaging in Q2FY 2018-19 on a year-on-year basis."
Ashok Chaturvedi, chairman and managing director, Uflex Limited said, "During the kickoff half of financial yr 2018-2019, we continued to focus on our growth through new product innovation and developing sustainable solutions for our customer network across the world. Uflex'southward path-breaking innovation Waterless Internet Blossom Packaging walked abroad with peak honors at the Sustainability Award 2022 and Dow'south 2022 30th Awards for Packaging Innovation. These awards are a reaffirmation of our efforts in optimizing sustainability footprint and business organisation performance standards to deliver the highest levels of quality to our customers since sustainable evolution is the real pathway to the future we want for all."
He added, "This quarter too saw the launch of FlexFilms' eCommerce website past Flex-BuzzR, which volition brand a complete range of movie offerings from our active production site in Poland available to customers in European region, at a click of a button. This B2B platform has been launched with the intent to supplement Flex Films existing brick-and-mortar business model."

Few more key launches in Q2 FY18-nineteen include Uflex'south liquid packaging brand Asepto introducing a holographic packaging with unique hit furnishings 'ASEPTO SPARK'; FLEXGREEN, a series of UV-LED procedure colors for sheetfed offset press on coated paper, paperboard and MetPet board that assures energy efficiency; two new BOPET films with superior backdrop; a new PU-based NTNK ink serial 'FLEXGLIDE 1817' which is compliant with Swiss Ordinance and caters to the special needs of blister packing for pharma industry; and a 100% bio-degradable premium lens transfer paper/paperboard for carton packaging, with the novel use of different technologies of Fresnel lens.

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