Huhtamaki India standalone net profit declines 92.55% in the December 2020 quarter

Sales decline 17.46% to Rs 547.41 crore

Net profit of Huhtamaki India declined 92.55% to Rs 5.08 crore in the quarter ended December 2020 as against Rs 68.18 crore during the previous quarter ended December 2019. Sales declined 17.46% to Rs 547.41 crore in the quarter ended December 2020 as against Rs 663.19 crore during the previous quarter ended December 2019.

For the full year,net profit declined 43.55% to Rs 95.99 crore in the year ended December 2020 as against Rs 170.04 crore during the previous year ended December 2019. Sales declined 5.06% to Rs 2418.80 crore in the year ended December 2020 as against Rs 2547.67 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales547.41663.19 -17 2418.802547.67 -5 OPM %6.489.96 -9.6611.50 - PBDT31.6070.77 -55 215.52288.51 -25 PBT7.7648.74 -84 117.59201.58 -42 NP5.0868.18 -93 95.99170.04 -44

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