Huhtamaki India Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Huhtamaki India Limited's Q3 2024 earnings call revealed a 1.5% year-over-year decline in revenue to INR 6.3 billion, influenced by rising raw material costs and a challenging FMCG market. EBITDA dropped significantly to INR 313 million from INR 488 million in the same quarter last year. The company's "blueloop" sustainable packaging initiative accounted for 27% of sales, though overall performance remains under pressure from market dynamics and product mix issues.