Huhtamaki India Limited reported first quarter results for 2026, announcing net sales of Rs. 5,936 million (mn) and earnings before interest and tax of Rs. 386 mn for the quarter. Sales were 10 basis points higher than the corresponding period last year and EBIT margin stood at 6.5 per cent. The company recorded EBIT growth of four per cent compared to the same period in the previous year.

The managing director stated that slightly higher sales were achieved as pricing and mix gains marginally offset lower volumes, consistent with a focus on selective participation. He attributed EBIT growth to a favourable sales mix, improved operational efficiencies and higher net interest income, which were partially offset by one-off non-recurring charges. The company continued to emphasise profitable growth, capital discipline and enhanced accountability across operations.

Huhtamaki India Limited is a subsidiary of Huhtamäki Oyj, which is headquartered in Espoo, Finland and listed on Nasdaq Helsinki. The group supplies sustainable packaging solutions for food, beverages and personal care products that protect hygiene and reduce waste, and the company said sustainability is embedded across its operations. The India business employs around 2,500 people and operates 10 manufacturing facilities, supporting both on-the-go and on-the-shelf packaging needs. Its values Care Dare Deliver guide decisions and support the workforce in delivering results.

The results release noted that pricing and mix gains only partially offset volume weakness and that one-off charges influenced profitability in the quarter. Management also highlighted ongoing efforts to drive operational efficiencies and maintain capital discipline while pursuing profitable opportunities. The company cautioned that forward-looking statements in the release are subject to risks and uncertainties that could cause actual outcomes to differ. Management reiterated commitment to sustainable packaging and disciplined capital allocation as priorities.