Huhtamaki India Q1 Net Profit Dips 2.1% YoY

Board approved unaudited Q1 FY26 results with Rs 256M net profit, a 2.1% YoY decline, on revenue of Rs 6.13B.
Results include a one-time Rs 88M depreciation charge from prior period accounting error correction, reducing Q1 profit.
EBIT grew 4% YoY to Rs 386M driven by favorable sales mix and operational efficiencies, offsetting lower volumes.
Company reported clean limited review report from auditors with no modifications or qualifications on the financial results.