Archive · 21 Jul 2026

Huhtamaki India Reports 70.8% Net Profit Rise

Huhtamaki India Reports 70.8% Net Profit Rise

Huhtamaki India, a company that makes packaging materials, announced that its profits went up by 70.8% in the second quarter of the financial year 2026-27.

This means they made ₹43.73 crore in profit, which is a lot more than the ₹25.60 crore they made in the previous quarter and the ₹24.94 crore they made in the same quarter last year.

The company also said that their revenue, which is the money they make from selling their products, went up by 23.1% to ₹750.02 crore.

For the first half of the year, their profit was ₹69.33 crore, and their revenue was ₹1,363.12 crore.

The company's managing director, Kamal Taneja, said that the good performance was because they sold more products and charged higher prices to deal with the rising costs of raw materials.

However, they also faced some challenges like non-recurring charges and problems caused by geopolitical issues.

Sources