Huhtamaki India Limited has informed the Exchange regarding a press release dated May 12, 2026, titled "Press Release for Q1 results".
HUHTAMAKI · price
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Huhtamaki India Limited reported Q1 2026 results with net sales of Rs. 5,936 million, essentially flat compared to the same period last year (up just 10 basis points). EBIT came in at Rs. 386 million, up 4% year-on-year, translating to an EBIT margin of 6.5%. The slight sales growth was driven by favorable pricing and product mix despite lower volumes, reflecting the company's selective participation strategy. Management attributed EBIT growth to improved sales mix, operational efficiencies, and higher net interest income, partially offset by one-off non-recurring charges. The company, a subsidiary of Finnish parent Huhtamaki Oyj, operates 10 manufacturing facilities in India with around 2,500 employees.
The Q1 results show modest top-line growth with improving profitability, suggesting successful cost management and mix optimization despite challenging volume conditions. The 4% EBIT growth with 6.5% margin indicates operational resilience, though the flat revenue growth may limit near-term stock upside.