Huhtamaki India standalone net profit rises 1844.30% in the December 2023 quarter

Sales decline 13.50% to Rs 585.19 crore

Net profit of Huhtamaki India rose 1844.30% to Rs 327.42 crore in the quarter ended December 2023 as against Rs 16.84 crore during the previous quarter ended December 2022. Sales declined 13.50% to Rs 585.19 crore in the quarter ended December 2023 as against Rs 676.52 crore during the previous quarter ended December 2022.

For the full year,net profit rose 725.20% to Rs 409.63 crore in the year ended December 2023 as against Rs 49.64 crore during the previous year ended December 2022. Sales declined 14.92% to Rs 2481.32 crore in the year ended December 2023 as against Rs 2916.50 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedDec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var.Sales585.19676.52 -13 2481.322916.50 -15 OPM %9.867.23 -7.855.38 - PBDT55.5537.05 50 179.66141.98 27 PBT44.3716.07 176 130.5155.93 133 NP327.4216.84 1844 409.6349.64 725

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