Huhtamaki India Share Price Jumps 14% on Wednesday; Here's Why

On Wednesday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 172.65 points, or 0.71 per cent, to 24,015.05. Defying the weak broader market sentiment, Huhtamaki India share price surged 13.89 per cent to Rs 300.90, gaining Rs 36.70, after the company reported strong financial results for the quarter ended June 30, 2026.

Huhtamaki India follows a January–December financial year, and therefore the quarter ended June 30, 2026, is reported as Q2 2026, which broadly corresponds to Q1 FY27 under the conventional April–March financial year followed by most Indian companies.

Huhtamaki India Q2 2026 Financial Performance

Huhtamaki India reported revenue from operations of Rs 750.02 crore in Q2 2026, registering a 22.51 per cent year-on-year growth from Rs 612.23 crore in the corresponding quarter last year. Total income increased 21.39 per cent YoY to Rs 751.32 crore, compared with Rs 618.91 crore in Q2 2025.

The company reported profit before Tax of Rs 58.79 crore, up 76.02 per cent YoY from Rs 33.40 crore. Profit after tax rose 75.34 per cent YoY to Rs 43.73 crore, compared with Rs 24.94 crore in the corresponding quarter last year. Earnings per share increased to Rs 5.79 from Rs 3.30 a year ago.
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Management Commentary

Commenting on the performance, Kamal Taneja, Managing Director, said: "The company reported robust sales performance in Q2 2026 and H1 2026, supported by strong volume growth as well as pass through of higher pricing to mitigate raw material cost inflation. EBIT increased during both periods, benefiting from volume leverage, an improved product mix, and operational efficiency gains, despite the impact of certain non-recurring charges and geopolitical challenges. Aligned with its global strategic priorities, the company continued to emphasise profitable growth, disciplined capital allocation, and a strong culture of accountability."

He further added: "As a part of Huhtamaki Strategy 2030, our ambition is to be the first choice in sustainable packaging solutions."

About Huhtamaki India

Huhtamaki India Limited, a subsidiary of Huhtamäki Oyj, is engaged in manufacturing flexible consumer packaging solutions for food, beverages, personal care and household products. The company operates 10 manufacturing facilities in India and focuses on sustainable packaging solutions while serving leading FMCG brands across domestic and international markets.

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Disclaimer: The article is for informational purposes only and not investment advice.