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IFL Enterprises forges collaboration with Charter Paper Pty Ltd for substantial growth

Oct 10, 2023

By: BlinkX Research Team

IFL Enterprises Limited has marked a significant milestone by entering a collaboration with Charter Paper Pty Ltd, an Australian multinational specializing in paper manufacturing, storage, and distribution. This partnership is poised to drive the company's geographical expansion in the near future, with an anticipated addition of approximately Rs. 600 Crores to the top line and Rs. 70 Crores to the bottom line over the next 18 months. The company also envisions various business expansion plans in the years ahead.

In a remarkable feat of progress and ambition, IFL Enterprises Limited recently secured a substantial order valued at an impressive Rs. 730 Million from a distinguished international client. This achievement underscores the company's steadfast dedication to providing high-quality products and services.

What sets this collaboration apart is Charter Paper Pty Ltd's generous investment of a noteworthy A$10 million (equivalent to 530,110,949 Indian Rupees) in IFL Enterprises Limited. This investment signifies a strong commitment to mutual success and growth, and will play a pivotal role in facilitating IFL Enterprises' forthcoming operations. This development solidifies the burgeoning partnership between the two entities.