Containers & Packaging company Uflex announced Q3FY26 results Revenue from operations: Rs 36,120 crore against Rs 37,347 crore during Q3FY25, change -3%. EBITDA: Rs 4,596 crore against Rs 4,968 crore during Q3FY25, change -7%. PBT: Rs 643 crore against Rs 1,505 crore during Q3FY25, change -57%. PAT: Rs 361 crore against Rs 1,368 crore during Q3FY25, change -74%. Ashok Chaturvedi, Chairman and Managing Director, UFlex Group, said: “The packaging industry remains on a strong growth path, supported by rising consumption, GST rationalisation, and an expanding organised retail sector, alongside a growing shift toward value-added and sustainable packaging solutions. Extended producer responsibility (EPR) regulations continue to play a key role in accelerating the industry’s transition toward sustainability across food, pharmaceuticals, FMCG, and consumer sectors. The recently presented Union Budget 2026–27, which focused on manufacturing, infrastructure, logistics, and exports, is expected to strengthen India’s packaging sector and will reinforce the country’s position as a global manufacturing hub. Additionally, India’s recent trade engagements with the EU and the US are expected to accelerate exports and create new opportunities for the domestic packaging industry by enabling faster technology adoption, fostering deeper global partnerships, and lowering capital costs. With our diversified global footprint, we are well-positioned to capitalize on these structural growth drivers. Our strategic expansion initiatives continue to progress well, with work on a greenfield aseptic packaging plant in Egypt, a WPP bags facility in Mexico, and a new recycling facility in Noida nearing completion. We remain confident in our ability to drive long-term growth, supported by our continued investments in innovation, new product development, recycling, and sustainable packaging solutions.” Anantshree Chaturvedi, Vice Chairman & CEO, Flex Films International, said: “The outlook for the packaging industry remains strong. Recent trade frameworks are enhancing global supply chain efficiencies as tariff rationalization improves sourcing flexibility and competitiveness through 2026. With operations spanning across India, Europe, Africa, the Middle East, and the Americas, UFlex continues to ensure supply security and operational resilience across markets. We remain committed to delivering high performance, innovative packaging solutions to our customers while contributing to the broader economy.” Sumeet Kumar, Executive Vice President, Finance, UFlex Group, said: “UFlex delivered a resilient performance in Q3FY26, marked by a sequential recovery in profitability. Normalized EBITDA for the quarter stood at Rs 4,395 million with a margin of 12.1%, compared to Rs 3,895 million and a margin of 10.1% in Q2FY26, reflecting a strong 12.8% QoQ growth in normalized EBITDA and a 200-basis points margin expansion. For 9M FY26, performance remained steady, with sales volumes up 0.1% YoY and revenue growth of 0.8% YoY. This underscores the inherent strength of our integrated business model and our ability to successfully navigate through a challenging operating backdrop while maintaining operational stability. Looking ahead, we expect improving macro environment and demand conditions, GST-led tailwinds, and global trade agreements to create a conducive environment for growth in packaging landscape. Additionally, robust performance of packaging business in the current quarter is expected to gain further momentum with the easing of tariff related uncertainties and early signs of taction in packaging film demand and gradual price recovery further reinforce our positive outlook for both the Packaging and Packaging Films businesses. Key monitorable ahead include the ramp-up in capacity utilization across recently commissioned projects, including the 5 billion packs debottlenecking expansion at Sanand in India, the 216,000 MTPA virgin PET chips plant in Egypt, and the 18,000 MTPA CPP line in Mexico. Additionally, the near-term commissioning of new capacities, including the 12 billion packs aseptic packaging plant in Egypt, 80 million WPP bags in Mexico, and 39,600 MTPA recycling facilities at Noida Sector 155, is progressing as planned and is expected to drive incremental revenues and profitability over the medium to long term.” Result PDF