Having started its journey in 1935 , Huhtamaki is India’s leading manufacturer and supplier of sustainable, flexible and innovative solutions in packaging and labelling products. It is the largest manufacturer of finished flexible packaging in terms of volume in the continent of Africa, India, Asia Pacific excluding Japan. It became member of Huhtamaki Packaging worldwide in 1999. From Paper Products Limited to Huhtamaki PPL ltd, company has demonstrated the qualities of integrity, transparency & responsibility.
Financial Results:
- Huhtamaki India Ltd reported Revenues for Q1 FY24 of ₹623.82 Crores up from ₹798.51 Crore year on year, a decrease of 21.9%.
- Total Expenses for Q1 FY24 of ₹603.23 Crores up from ₹787.88 Crores year on year, a decline of 23.4%.
- Consolidated Net Profit of ₹14.46 Crores up 77.4% from ₹8.15 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.91, up 76.8% from ₹1.08 in the same quarter of the previous year.