Press Release for Q1 Results
HUHTAMAKI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Huhtamaki India reported Q1 2026 net sales of Rs. 5,936 million, up a marginal 10 basis points year-over-year, with EBIT of Rs. 386 million rising 4% compared to the same period last year. The company's EBIT margin stood at 6.5% for the quarter. Management attributed the sales performance to pricing and mix gains that partially offset lower volumes, in line with the company's selective participation strategy. EBIT growth was driven by favorable sales mix, improved operational efficiencies, and higher net interest income, partially offset by one-off non-recurring charges. The MD emphasized continued focus on profitable growth, capital discipline, and sustainability in packaging solutions.
The results show modest top-line growth with improving profitability, reflecting the company's shift toward selective participation and margin discipline over volume growth. The 6.5% EBIT margin improvement signals operational efficiency gains despite challenging volume conditions.