Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026, together with Auditors' Reports of the Statutory Auditors
UFLEX · price
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Uflex Ltd reported mixed results for FY2026. On a consolidated basis, total income was Rs. 15,55,129 lakhs vs Rs. 15,02,002 lakhs last year, with net profit after tax more than doubling to Rs. 31,696 lakhs from Rs. 14,236 lakhs. However, standalone PAT declined to Rs. 14,802 lakhs from Rs. 21,445 lakhs due to higher finance costs and lower other income. The Board recommended a dividend of Rs. 3 per share (30%). Auditors issued unmodified (clean) opinions for both standalone and consolidated results. An Emphasis of Matter was raised regarding pending income tax demands of Rs. 10,832.74 lakhs (including penalty) for Assessment Years 2020-21 to 2022-23 following search proceedings under Section 132(1); both the company and IT Department have filed appeals before ITAT.
Consolidated profit growth is positive for shareholders but the standalone profit decline and unresolved Rs. 10,832.74 lakh tax dispute (pending at ITAT) may create some uncertainty. The clean audit and dividend are encouraging. The forex translation gains of Rs. 42,895 lakhs in OCI significantly boosted total comprehensive income.