Huhtamaki India Limited submitted a regulatory filing under SEBI Listing Regulations Regulation 30, containing their Q2 2026 results press release.
Q2 2026 Financial Performance
- Net Sales: ₹7,286 million, representing a 23.1% increase compared to Q2 2025
- EBIT before exceptional item: ₹622 million, representing a 71.8% increase compared to Q2 2025
- EBIT margin: 8.5%
H1 2026 Financial Performance (January-June 2026)
- Net Sales: ₹13,222 million, representing an 11.6% increase compared to H1 2025
- EBIT before exceptional item: ₹1,007 million, representing a 37.5% increase compared to H1 2025
- EBIT margin: 7.6%
Management Commentary
Mr. Kamal Taneja, Managing Director, commented on the performance:
- Robust sales performance supported by strong volume growth
- Price pass-through implemented to mitigate raw material cost inflation
- EBIT increase benefited from volume leverage, improved product mix, and operational efficiency gains
- Performance achieved despite non-recurring charges and geo-political challenges
- Company emphasizes profitable growth, disciplined capital allocation, and strong accountability culture
- Strategic focus on Huhtamaki Strategy 2030 to become first choice in sustainable packaging solutions
Company Background
- Huhtamaki India Limited is a subsidiary of Huhtamäki Oyj, a global sustainable packaging solutions provider
- Parent company Huhtamäki Oyj is headquartered in Espoo, Finland and listed on Nasdaq Helsinki Ltd
- Company provides packaging solutions for food, beverages, and personal care products
- Employs approximately 2,500 employees in India
- Operates 10 manufacturing facilities in India
- Corporate values: Care Dare Deliver
Forward-Looking Statements Disclaimer
The document contains forward-looking statements relating to future events or financial performance involving known and unknown risks and uncertainties. The company assumes no obligation to update or revise any forward-looking statements.