Huhtamaki India Q1 Results Live : profit falls 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%

FAQs

Question : What is the Q1 profit/Loss as per company?

Ans : ₹26.03Cr

Question : What is Q1 revenue?

Ans : ₹610.12Cr

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Published: 26 Apr 2024, 02:48 AM IST