Huhtamaki India’s Q3 EBIT soars despite sales dip

Huhtamaki India Limited reported Q3 2025 net sales of Rs. 6,049 million, a 4.7% decrease compared to the previous year. However, EBIT before exceptional items surged by 172.1% to Rs. 521 million for the quarter. For the nine-month period ended September 2025, sales reached Rs. 17,899 million (a 3.2% decrease), while EBIT before exceptional items increased by 47% to Rs. 1,253 million. The company attributes improved margins to a favorable sales mix and cost efficiency programs.

In a separate announcement, the company informed stock exchanges about its board of directors meeting on October 15, 2025, where the unaudited financial results for Q3 and the nine months ended September 30, 2025, were approved.

Additionally, the board approved the appointment of Axel Glade as an additional director (non-executive non-independent) effective October 15, 2025, subject to shareholder approval. Glade brings over three decades of experience in the flexible packaging industry, having held leadership roles at Constantia Flexibles and other packaging companies.