Huhtamaki India Q1 Results Live : profit falls by 26.66% YOY
Huhtamaki India Q1 Results Live : Revenue decreased by 7.77% YoY & profit decreased by 26.66% YoY
Huhtamaki India Q1 Results Live : Huhtamaki India announced their Q1 results on 23 Apr, 2024, showing a decrease in revenue by 7.77% and a decline in profit by 26.66% Year-on-Year.
In comparison to the previous quarter, the company saw a slight revenue growth of 1.06% but a significant drop in profit by 92.05%.
The Selling, general & administrative expenses went down by 2.11% quarter-on-quarter but increased by 3.96% Year-on-Year.
Operating income also took a hit, decreasing by 92.46% sequentially and 11.66% compared to the same quarter last year.
The Earnings Per Share (EPS) for Q1 stood at ₹3.45, marking a 26.6% decrease from the previous year.
Huhtamaki India's recent returns have been -3.84% in the last week, 13.07% in the last 6 months, and 10.84% Year-to-Date.
The company currently holds a market capitalization of ₹2401.6 Cr with a 52-week high/low of ₹371 & ₹221 respectively.
Huhtamaki India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 610.12 | 603.73 | +1.06% | 661.53 | -7.77% |
| Selling/ General/ Admin Expenses Total | 61.67 | 63 | -2.11% | 59.32 | +3.96% |
| Depreciation/ Amortization | 9.52 | 11.18 | -14.85% | 15.59 | -38.94% |
| Total Operating Expense | 578.59 | 185.55 | +211.82% | 625.84 | -7.55% |
| Operating Income | 31.53 | 418.18 | -92.46% | 35.69 | -11.66% |
| Net Income Before Taxes | 35.08 | 416.01 | -91.57% | 35.16 | -0.23% |
| Net Income | 26.03 | 327.41 | -92.05% | 35.49 | -26.66% |
| Diluted Normalized EPS | 3.45 | 4.63 | -25.51% | 4.7 | -26.6% |
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