Huhtamaki India Reports Strong Q2 CY2026 Results with 23% Revenue Growth, Net Profit Jumps 75%

BY ADMIN • FILED 27 Jul 2026, 12:14 PM

Huhtamaki India Limited (NSE: HUHTAMAKI | BSE: 509820) has announced its financial results for the second quarter ended June 30, 2026 (Q2 CY2026), reporting strong growth across revenue, profitability, and margins. The flexible packaging manufacturer benefited from healthy volume growth, effective pricing strategies, and operational efficiencies, which helped offset higher raw material costs arising from geopolitical developments.

Q2 CY2026 Financial Highlights

Huhtamaki India posted strong year-on-year growth across key financial metrics.

Revenue from Operations (Net Sales): ₹728.60 crore, up 23.1% YoY from ₹591.94 crore.
EBITDA: ₹76.44 crore, an increase of 55.1% YoY from ₹49.27 crore.
EBITDA Margin: Improved to 10.5% from 8.3%, expanding by 220 basis points.
EBIT: ₹62.16 crore, up 71.8% YoY from ₹36.18 crore.
EBIT Margin: Increased to 8.5% from 6.1%.
Profit Before Tax (PBT): ₹58.79 crore, up 77.5% YoY (excluding exceptional items).
Net Profit: ₹43.73 crore, compared with ₹24.94 crore in Q2 CY2025, reflecting a 75.3% increase.
Earnings Per Share (EPS): ₹5.79, up 77.3% YoY.

H1 CY2026 Performance

For the six months ended June 30, 2026, the company continued its growth trajectory.

Revenue from Operations: ₹1,322.23 crore, up 11.6% YoY from ₹1,184.98 crore.
Net Profit: ₹69.33 crore, compared with ₹51.09 crore in the corresponding period last year, representing a 35.7% increase.

The first-half financial results include a one-time depreciation adjustment of ₹88 lakh, partially offset by a deferred tax benefit of ₹22 lakh.

Operational Highlights

Huhtamaki India attributed its strong performance to:

Healthy volume growth across key product categories.
Timely pricing actions that offset raw material inflation.
Improved manufacturing efficiencies and cost optimization initiatives.
Strong operational discipline that supported margin expansion despite a challenging input cost environment.

The company noted that commodity prices remained volatile during the quarter due to geopolitical tensions in the Middle East, but proactive pricing strategies and operational excellence helped protect profitability.