Synopsis:
Huhtamaki India Ltd shares jumped 16% when the company announced its Q3 Results which stated 208% growth on YoY basis.
The shares of one of India’s leading manufacturer and supplier of sustainable, flexible and innovative solutions in packaging and labelling products saw a jump of 16% as the company in their Q3 Results reported an increase in net profit of about 208%.
With a market cap of Rs 1,995 Crore , the shares of Huhtamaki India ltd made a high of Rs 265.9 compared to its previous day close of Rs 227.97 giving around 16.6% gain in a day. The share is currently trading at Rs 262 and has given 1 month return of 15%.
Q3 Highlights
As the company follows a calendar year from January to December its latest result would be the Q3 CY25 one. The main highlight of the entire Q3 results would be its increase in the Net profit which grew from Rs 12 crore in Q3 CY24 to Rs 37 crore in Q3 CY25 giving around 208% YoY growth rate. The reason for such an increase in its net profit would be the reduction in the total expense incurred from Rs 651 Crore to Rs 585 crore .
Even after the growth in net profit the Revenue from operations have reduced by 4.26% YoY basis from Rs 652 crore in Q3 CY24 to Rs 625 Crores in Q3 CY25.The company’s EBIT margin has increased from 3% in Q3 CY24 to 8.6% in Q3 CY25.
About the company
Huhtamaki India Ltd is the largest manufacturer of finished flexible packaging and and labelling products in terms of volume in the continent of Africa, India, Asia Pacific excluding Japan.
The company offers a wide portfolio of packaging solutions that include flexible packaging, pouching solutions, labelling technologies, shrink sleeve solutions, specialized cartons, packaging machines, tube laminates, and many more
Written by Leon Mendonca
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