Huhtamaki India Ltd Share Price – NSE /  BSE

Packaging, Small Cap

Huhtamaki India announced that Stefan Lotz (DIN - 09511913) has tendered his resignation as Non-Executive Non Independent Director of the Company with effect from 09 June 2025.

Powered by Capital Market - Live News

Huhtamaki India has received upgrade in long term credit rating at CRISIL AA-/ Stable (upgraded from CRISIL A+/ Positive) for bank facilities of Rs 88 crore. The rating of CRISIL A1+ on commercial paper has been withdrawn.

Powered by Capital Market - Live News

Despite the profit surge, total revenue from operations dipped 1.48% to Rs 609.93 crore in Q1 CY25 from Rs 619.11 crore posted in Q4 CY24.

However, on a year-on-year basis, the company?s net profit increased marginally by 0.46%, despite a 0.03% drop in total revenue from operations in Q1 CY25 over Q1 CY24.

Profit before tax (PBT) in Q1 CY25 stood at Rs 34.72 crore, down 1.03% from Rs 35.08 crore recorded in the year-ago quarter.

The company reported EBIT of Rs 37.1 crore during the quarter, representing a decrease of 7% compared to the corresponding period last year. The EBIT margin was at 6.3% in Q1 CY25.

Dhananjay Salunkhe, managing director, said, ?The company had a flat start to the year, with revenue for the quarter remaining relatively flat compared to the corresponding period of the previous year. EBIT is reflecting a decrease of 7% as compared to the corresponding period, though it is improving significantly compared to the trailing quarter.

The improvement in margins compared to the trailing quarter is driven by better sales mix and operational efficiencies. The company continues to focus on driving the efficiencies across the manufacturing processes to improve upon the profitability. As a part of Huhtamaki Strategy 2030, our ambition is to be the first choice in sustainable packaging solutions.

Huhtamaki India is India's leading manufacturer and supplier of sustainable, flexible, and innovative solutions in packaging and labeling products.

On a full-year basis, the company?s standalone net profit declined by 39.5% to Rs 64.73 crore, with a 1.2% fall in revenue from operations to Rs 2,450.53 crore in FY24 compared to FY23.

Powered by Capital Market - Live News

Net profit of Huhtamaki India rose 0.46% to Rs 26.15 crore in the quarter ended March 2025 as against Rs 26.03 crore during the previous quarter ended March 2024. Sales declined 0.10% to Rs 593.04 crore in the quarter ended March 2025 as against Rs 593.65 crore during the previous quarter ended March 2024.

Powered by Capital Market - Live News