Huhtamaki India Q1 Net Sales Stable, Margins Improve

Huhtamaki India reported Q1 FY26 net sales of ₹5,936.3 crore, up 0.1% YoY, with stable performance.
EBITDA surged 24.8% YoY to ₹620.8 crore, driven by favorable sales mix and operational efficiencies.
The company executed a solar captive electricity project agreement and maintained zero liquid discharge status at multiple plants.
Q1 results included a one-time depreciation adjustment of ₹88 crore for prior periods with a ₹22 crore deferred tax impact.