Huhtamaki India Reports Mixed Q2 Results: Revenue Dips, Margins Improve
Huhtamaki PPL, a leading flexible packaging manufacturer, reported Q2 revenue of ₹5.90 billion, down 4.7% year-on-year due to subdued demand, unseasonal rains, and inflation. Despite this, EBITDA increased by 28.7% to ₹493 million and EBIT rose 37.4% to ₹362 million. The company's blueloop sustainable packaging solutions contributed 27-30% of revenue. Management noted weak urban demand but some support from rural areas. Huhtamaki India maintains focus on sustainable solutions, operational excellence, and serving both domestic and export markets.
25Jul 25
Huhtamaki India Reports Q2 Results: Lower Sales, Improved Margins
Huhtamaki PPL's Q2 2025 results show a 4.7% decrease in net sales to ₹5,919.40 million, but a 28.7% increase in EBITDA to ₹492.70 million. The EBITDA margin improved from 6.2% to 8.3% year-over-year. Profit Before Tax rose by 55.2% to ₹331.20 million, and Earnings Per Share increased by 56.1% to ₹3.27. The company maintains a debt-free status with strong cash reserves. Operational efficiency, favorable sales mix, and sustainability initiatives were highlighted as key factors in the improved profitability despite lower sales volumes.
22Jul 25
Huhtamaki India Reports 37.4% EBIT Growth Despite 4.7% Revenue Decline in Q2
Huhtamaki India Limited announced Q2 financial results with net sales of Rs. 5,919.00 million, down 4.7% year-over-year, while EBIT before exceptional items increased by 37.4% to Rs. 362.00 million. EBIT margin improved to 6.1% from 4.2% in the previous year's Q2. Net profit stood at Rs. 249.40 million with EPS of Rs. 3.30. For H1, net sales decreased by 2.4% to Rs. 11,850.00 million, but EBIT before exceptional items grew by 10.7% to Rs. 733.00 million. The company attributes performance to lower volumes but highlights improved EBIT due to operational improvements and favorable sales mix.
02Jul 25
Huhtamaki India Refutes Speculative $500 Million Acquisition Report
Huhtamaki PPL has officially refuted media speculation about a potential $500 million acquisition. The company issued a statement calling the news article's claims speculative and reaffirmed its commitment to transparent communication with stakeholders. This prompt denial aims to dispel rumors that could affect investor sentiment and market perceptions, emphasizing the importance of relying on official company statements for accurate information.
23Apr 25
Huhtamaki India Reports Stable Q4 2023 Performance with Slight Profit Increase
Huhtamaki India Ltd announced its Q4 2023 financial results, showing stable revenue and a slight increase in net profit. Revenue remained steady at 6,099.30 million rupees, a 0.03% decrease from Q4 2022. Net profit increased by 0.58% to 261.50 million rupees. Profit before tax decreased by 2.94% to 340.50 million rupees. An exceptional item of 6.70 million rupees from the sale of assets positively impacted the bottom line.
22Apr 25
Huhtamaki India Reports Stable Revenue, Slight Profit Increase in Q1 2025
Huhtamaki India Limited released its Q1 2025 financial results, showing stable performance. Revenue remained flat at ₹6,099.30 crore, while net profit marginally increased to ₹261.50 crore. EBIT decreased by 6.90% to ₹371.00 crore, with EBIT margin contracting to 6.30%. The company reported an exceptional income of ₹6.70 crore from asset sales. Management highlighted improved margins compared to the trailing quarter, driven by better sales mix and operational efficiencies. Huhtamaki India continues to focus on manufacturing efficiencies and sustainable packaging solutions in line with Huhtamaki Strategy 2030.