Latest news about Huhtamaki PPL
Huhtamaki PPL
184.48
+2.83(+1.56%)
Company Performance:
View Company Insights1D+1.56%
1M-12.06%
6M-15.27%
1Y-22.00%
5Y-39.50%
More news about Huhtamaki PPL
09Dec 25
Huhtamaki India Limited Announces Board Changes
Huhtamaki PPL has appointed Mr. Amit Banati and Mr. Eric Le Lay as Additional Directors in the capacity of Non-Executive Directors, effective May 11, 2023. These appointments are subject to shareholder approval at the upcoming general meeting. The new directors are expected to bring fresh perspectives and international expertise to the company's board, potentially influencing future strategies and performance.
27Oct 25
Huhtamaki India's Managing Director Dhananjay Salunkhe to Step Down in January 2026
Dhananjay Salunkhe, Managing Director of Huhtamaki PPL, has resigned citing personal reasons. His last working day will be January 15, 2026. The company has informed BSE and NSE about this change in key managerial personnel, complying with SEBI regulations. Abhijaat Sinha, Company Secretary & Legal Counsel, officially communicated this development. No succession plans or potential replacement have been announced yet.
20Oct 25
Huhtamaki India Reports Strong Q3 Results with Double-Digit EBITDA and Improved Margins
Huhtamaki PPL, a leading flexible packaging manufacturer, reported robust Q3 financial results. Despite a 4.7% year-on-year revenue decline to INR 6.00 billion, profit before tax increased 3.5 times to INR 492.00 million. EBITDA exceeded 10% for the first time in 4-5 years, while net profit rose to INR 368.00 million from INR 117.00 million last year. The company achieved margin improvements through a favorable sales mix and operational efficiencies. Blueloop recyclable products contributed 27-30% of sales. Huhtamaki PPL maintained strong liquidity with INR 1.00 billion in ECB debt and surplus cash deployed in deposits and mutual funds. The company remains optimistic about future growth, focusing on sustainable packaging solutions and potential benefits from GST reforms in the FMCG sector.
15Oct 25
Huhtamaki India Targets Margin Enhancement Through Efficiency and Premium Packaging
Huhtamaki PPL, a subsidiary of Huhtamäki Oyj, reported improved profitability in Q3 despite a 4.70% decrease in net sales. The company's EBIT increased by 172.10% year-over-year, with EBIT margin rising to 8.60%. This improvement is attributed to a favorable sales mix and cost efficiency programs. Huhtamaki India plans to further enhance margins through operational efficiency and the introduction of new premium packaging solutions, aligning with its Huhtamaki Strategy 2030 for sustainable packaging.
15Oct 25
Huhtamaki India Reports Strong Q2 Profit Growth Despite Revenue Decline
Huhtamaki India's Q2 results show a significant profit increase despite a slight revenue decline. Net profit rose by 214.53% to ₹368.00 million, while revenue decreased by 3.85% to ₹6,250.00 million. EBITDA improved to ₹555.00 million, with the EBITDA margin expanding to 8.88%. The company attributes this performance to a favorable sales mix and cost efficiency programs across the value chain.
09Sept 25
Huhtamaki India CFO Jagdish Agarwal Resigns; BSE Seeks Clarification on Filing Delay
Huhtamaki India's Executive Director and CFO Jagdish Agarwal has resigned effective December 1, 2025, to pursue opportunities outside the company. BSE requested clarification regarding the delayed submission of the resignation letter copy, which the company acknowledged was submitted one day late inadvertently, while assuring timely future compliance with all disclosure requirements.
29Jul 25
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.
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