Huhtamaki India Limited — Dividend/Bonus, 11-02-2025: Dividend
11-02-2025 | 08:38 pm
11-02-2025 | 08:38 pm
Huhtamaki India Ltd. has announced a board meeting to recommend a dividend of ₹2 per equity share (100%) for the financial year ended December 31, 2024, pending shareholder approval at the upcoming Annual General Meeting. The company reported audited financial results, showing Q4 2024 net sales of ₹6,012 million, up 2.7% year-over-year, with an EBIT margin of 3%. For FY 2024, net sales declined to ₹24,505 million, resulting in an EBIT of ₹1,035 million—down 35.7% compared to the previous year, largely due to raw material inflation and sales product mix challenges.
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