Summary

Huhtamaki India Limited announced its Q1 FY26 results, reporting net sales of Rs. 5,936 million, a slight increase of 10 bps year-on-year. EBIT for the quarter grew by 4% to Rs. 386 million, achieving an EBIT margin of 6.5%. Managing Director Mr. Kamal Taneja highlighted that the modest sales growth was due to pricing and mix gains offsetting lower volumes, consistent with a focus on selective market participation. He also stated that EBIT growth benefited from a favourable sales mix, improved operational efficiencies, and higher net interest income. The company remains committed to profitable growth, capital discipline, and its ambition to be a leader in sustainable packaging solutions in India.

Key Highlights

1. 1

   Huhtamaki India Limited reported net sales of Rs. 5,936 million for Q1 FY26, showing a slight increase of 10 bps compared to the corresponding period last year.

2. 2

   EBIT for the quarter rose by 4% to Rs. 386 million, demonstrating growth over the prior year's corresponding quarter.

3. 3

   The company achieved an EBIT margin of 6.5% in Q1 FY26.

4. 4

   Managing Director Mr. Kamal Taneja noted that sales growth was primarily driven by pricing and mix gains, which helped offset lower volumes in line with the company's focus on selective participation.

5. 5

   EBIT growth was further supported by a favourable sales mix, improved operational efficiencies, and higher net interest income, despite some one-off non-recurring charges.

6. 6

   The company reiterated its commitment to profitable growth, capital discipline, and its strategic ambition to be the preferred choice in sustainable packaging solutions across India.