The company had posted a consolidated net profit of Rs 50.95 crore in same quarter of the previous fiscal, the company said in a statement.
Total consolidated income during the quarter under review was at Rs 1,239.62 crore as against Rs 1,175.29 crore in the year-ago period, it added.
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For the financial year ended March 31, 2013, the company posted a consolidated net profit of Rs 190.37 crore against Rs 255.02 crore in the previous fiscal.
However, total consolidated income in 2012-13 increased to Rs 5,161.08 crore as compared to Rs 4,515.84 crore in 2011-12.
Meanwhile, in a separate filing, the company said its Board of Directors has recommended a dividend of Rs 2.40 per share, which would be subject to approval of the shareholders, at its Annual General Meeting.
According to the company, higher revenue growth was due to new global capacity expansion and increased uptake of innovative flexible packaging solutions offered by it across sectors.
"Uflex completed the expansion in Poland successfully during July, 2012 and in Kentucky, USA during January 2013. Collectively the two facilities involved investments of about USD 150 million," the company said in a statement.
Commenting on the results, UFLEX Chairman and Managing Director Ashok Chaturvedi said," Our direct near-shore presence to clients has enabled us to serve them promptly which is important in the dynamic business environment today. This has ensured long term relationships with customers globally and reflects well in our growth trajectory".
Uflex has strong manufacturing base in India, Mexico, Dubai, Egypt, Poland and USA which caters to around 140 countries.
Uflex client list includes - Unilever, Pepsi, Procter & Gamble, Colgate, Palmolive, Nestle, Gillette, Ranbaxy, HUL Perfetti, Monsanto, ITC, Godrej Pillsbury, Tata Tea, Hindustan Petroleum, Indian Oil, Britannia, Dabur, Wockhardt,, Birla 3M, among others.
Shares of Uflex today closed at Rs 65.05 per scrip, down 9.21% from the previous close on the BSE.