Huhtamaki India Posts Growth in Q2 and H1 FY2026, Driven by Sales Increase and Margin Improvement
Huhtamaki India Limited has announced its financial results for the second quarter (Q2) and the first half (H1) of fiscal year 2026. The company reported a significant increase in net sales across both periods, alongside improved EBIT performance.For Q2 2026, Huhtamaki India saw net sales reach Rs. 7,286 million, marking a 23.1% rise compared to the corresponding period last year. The company also reported an EBIT before exceptional item of Rs. 622 million, which represents a 71.8% increase over the prior year.
The first half (H1) of 2026 demonstrated steady growth. Net sales for H1 reached Rs. 13,222 million, reflecting an 11.6% increase compared to the corresponding period last year. Furthermore, EBIT before exceptional item improved significantly, reaching Rs. 1,007 million and showing a 37.5% increase over the previous year.
Key financial highlights for Huhtamaki India Limited across both periods are summarized below:
| Period | Net Sales (Rs. Million) | YoY Increase in Sales | EBIT before Exceptional Item (Rs. Million) | YoY Increase in EBIT |
|---|---|---|---|---|
| Q2 2026 | 7,286 | 23.1% | 622 | 71.8% |
| H1 2026 | 13,222 | 11.6% | 1,007 | 37.5% |
Commenting on the performance, Mr. Kamal Taneja, Managing Director, stated that the company achieved robust sales performance in both Q2 and H1 2026. This success was attributed to strong volume growth and the ability to pass through higher pricing, which helped mitigate raw material cost inflation. EBIT increases were driven by operational efficiency gains, improved product mix, and volume leverage, despite navigating geo-political challenges and certain non-recurring charges.
Mr. Taneja added that aligned with its global strategic priorities, Huhtamaki continues to emphasize profitable growth and disciplined capital allocation as part of the Huhtamaki Strategy 2030, maintaining an ambition to be the first choice in sustainable packaging solutions.
Huhtamaki India Limited is a subsidiary of Huhtamäki Oy, a leading global provider of sustainable packaging solutions. The Huhtamaki Group is headquartered in Espoo, Finland, and its parent company is listed on Nasdaq Helsinki Ltd. The innovative products developed by the group protect food and beverages and personal care items, supporting hygiene and safety globally while helping to prevent food waste. The company operates 10 manufacturing facilities across India and employs around 2500 people in the country.
HUHTAMAKI Stock Price Movement
Today, shares of Huhtamaki edged higher to close at ₹267.99, driven by gains of 7.29%.The stock finished the day on strong buying interest, with approximately 4.1 million shares being traded throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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