{"id":149238,"date":"2023-07-17T09:51:03","date_gmt":"2023-07-17T13:51:03","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149238"},"modified":"2023-07-17T09:51:05","modified_gmt":"2023-07-17T13:51:05","slug":"huhtamaki-india-limited-q1-fy24-net-profit-down-by-22","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/huhtamaki-india-limited-q1-fy24-net-profit-down-by-22\/","title":{"rendered":"Huhtamaki India Limited Q1 FY24; Net Profit Down By 22%"},"content":{"rendered":"<p>Having started its journey in 1935 , Huhtamaki is India&#8217;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 &amp; responsibility.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Huhtamaki India Ltd reported Revenues for Q1 FY24 of \u20b9623.82 Crores up from \u20b9798.51 Crore year on year, a decrease of 21.9%.<\/li>\n<li>Total Expenses for Q1 FY24 of \u20b9603.23 Crores up from \u20b9787.88 Crores year on year, a decline of 23.4%.<\/li>\n<li>Consolidated Net Profit of \u20b914.46 Crores up 77.4% from \u20b98.15 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.91, up 76.8% from \u20b91.08 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"841\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-841x1024.png\" alt=\"\" class=\"wp-image-149239\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-841x1024.png 841w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-768x935.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-1261x1536.png 1261w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/b69a7724-f762-482d-8833-857a53d7bc9c-1681x2048.png 1681w\" sizes=\"auto, (max-width: 841px) 100vw, 841px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Having started its journey in 1935 , Huhtamaki is India&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8196],"class_list":["post-149238","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-packaging"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155049,"url":"https:\/\/alphastreet.com\/india\/huhtamaki-india-ltd-q2fy24-14-fall-in-revenue\/","url_meta":{"origin":149238,"position":0},"title":"Huhtamaki India Ltd Q2FY24; 14% fall in Revenue","author":"Hardik Bhandare","date":"October 19, 2023","format":false,"excerpt":"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. Financial Results: Huhtamaki India Ltd reported Revenues for Q2FY24 of \u20b9662.00 Crores down from \u20b9769.00 Crore year on year, a fall of 13.91%. Total Expenses\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-47.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":140243,"url":"https:\/\/alphastreet.com\/india\/huhtamaki-india-limited-q3-fy23-net-profit-increased-to-%e2%82%b916-84-crore\/","url_meta":{"origin":149238,"position":1},"title":"Huhtamaki India Limited Q3 FY23; Net Profit Increased To \u20b916.84 Crore","author":"Hardik Bhandare","date":"February 6, 2023","format":false,"excerpt":"Huhtamaki India Limited (NSE: HUHTAMAKI) reported a Revenue from Operations of \u20b9692.71 Crores, a slight increase of 4.7% growth from the previous year. The Consolidated Net Profit for the business increased to \u20b916.84 Crore from loss of \u20b9135.2 Crore in Q3 FY22. The Earnings per Share is \u20b92.23 for this\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/c1dd009f-8cf3-4fd4-b686-c26fe9e48139-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144103,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-huhtamaki-india-for-q4-fy23\/","url_meta":{"origin":149238,"position":2},"title":"Earnings Summary Of Huhtamaki India For Q4 FY23","author":"Hardik Bhandare","date":"April 25, 2023","format":false,"excerpt":"Huhtamaki India is a leading manufacturer of consumer packaging solutions in India. The company has a diverse product portfolio that includes food and beverage packaging, personal care and household packaging, pharmaceutical packaging, and industrial packaging. Huhtamaki India Limited reported Total Income for Q4 FY23 of \u20b9667.81 Crore down from \u20b9741.07\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":143958,"url":"https:\/\/alphastreet.com\/india\/huhtamaki-indias-development-in-sustainable-packaging\/","url_meta":{"origin":149238,"position":3},"title":"Huhtamaki India&#8217;s Development In Sustainable Packaging","author":"Hardik Bhandare","date":"April 21, 2023","format":false,"excerpt":"\u201cOur Company continues to leverage the expertise, knowledge and resources of Huhtamaki Oyj in terms of, inter-alia, the strong brand reputation of Huhtamaki in the market, access to a wide range of resources such as technology, financial capital, human resources, network of suppliers\/customers, wealth of knowledge and expertise in the\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-1.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142697,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-huhtamaki-india-limited-for-q3-fy23\/","url_meta":{"origin":149238,"position":4},"title":"Earnings Summary Of Huhtamaki India Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 6, 2023","format":false,"excerpt":"Huhtamaki India (NSE: HUHTAMAKI) was established in 1997 and has its manufacturing facilities in Mumbai and Hyderabad. The company provides sustainable packaging solutions for the food and beverage, personal care, and healthcare industries. Huhtamaki India has a wide product range, including cups, containers, lids, flexible packaging, and labels. The company's\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-29.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144133,"url":"https:\/\/alphastreet.com\/india\/huhtamaki-india-limited-q4-fy23-total-income-declined-by-10\/","url_meta":{"origin":149238,"position":5},"title":"Huhtamaki India Limited Q4 FY23; Total Income Declined By 10%","author":"Hardik Bhandare","date":"April 25, 2023","format":false,"excerpt":"Huhtamaki India Limited reported Total Income for Q4 FY23 of \u20b9667.81 Crore down from \u20b9741.07 Crore year on year, a decline of 9.9%. Consolidated Net Profit of \u20b935.49 Crore, up 44.2% from \u20b924.61 Crore in the same quarter of the previous year. The Earnings per Share is \u20b94.70, up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/235740ce-a070-4c12-8b39-2035654f894b.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149238"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149238\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}