Huhtamaki India Limited — Updates, 11-02-2025: Press Release

Huhtamaki India Limited reported net sales of ₹6,012 million for Q4 2024, reflecting a modest increase of 2.7% year-over-year. However, the EBIT before exceptional items declined significantly to ₹182 million from ₹506 million during the same period last year, highlighting pressure on margins due to raw material inflation and an unfavorable sales mix. For FY 2024, net sales were ₹24,505 million, a slight decrease from ₹24,813 million in FY 2023, with EBIT before exceptional items dropping 35.7% to ₹1,035 million. The management indicated that while revenues were nearly flat, they remain focused on long-term growth and competitiveness under their Strategy 2030 initiative, aiming to establish themselves as leaders in sustainable packaging solutions. Investors should keep an eye on the company's efforts to navigate current challenges and drive operational excellence, presenting opportunities for future recovery and growth.