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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.
Huhtamaki India is closing its Baddi PS Labels plant, consolidating operations at Ambernath & Bangalore. This move aims to boost efficiency, capacity utilization, and cost rationalization, enhancing long-term competitiveness. The Baddi unit contributed INR 21.88 Cr (0.92%) to FY25 revenue.
Huhtamaki India reported strong Q2 CY'26 results: Net Sales grew 23.1%, EBITDA jumped 55% to 10.5% margin, and Profit Before Tax rose 77% to INR559 Cr. H1 sales were up 12% with 10.5% EBITDA margins. Growth was broad-based, equally driven by pricing, volume, and product mix, despite Middle East supply...