Huhtamaki India Ltd Q1CY23 net profit climbs to Rs. 35.49 crores

Huhtamaki India Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q1 CY2023) - QoQ Comparison

The company has reported total income of Rs. 667.81 crores during the period ended March 31, 2023 as compared to Rs. 689.43 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 35.49 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 16.84 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 4.70 for the period ended March 31, 2023 as compared to Rs. 2.23 for the period ended December 31, 2022.

Financials	Q1 CY2023	Q4 CY2022	% Change
Total Income	₹667.81 crs	₹689.43 crs	-3.14%
Net Profit	₹35.49 crs	₹16.84 crs	110.75%
EPS	₹4.70	₹2.23	110.76%

Financial Results (Q1 CY2023) - YoY Comparison

The company has reported total income of Rs.667.81 crores during the period ended March 31, 2023 as compared to Rs.741.07 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.35.49 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.24.61 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.4.70 for the period ended March 31, 2023 as compared to Rs.3.26 for the period ended March 31, 2022.

Financials	Q1 CY2023	Q1 CY2022	% Change
Total Income	₹667.81 crs	₹741.07 crs	-9.89%
Net Profit	₹35.49 crs	₹24.61 crs	44.21%
EPS	₹4.70	₹3.26	44.17%

Shares of Huhtamaki India Limited was last trading in BSE at Rs. 224.40 as compared to the previous close of Rs. 222.95. The total number of shares traded during the day was 13624 in over 607 trades.

The stock hit an intraday high of Rs. 230.00 and intraday low of 221.00. The net turnover during the day was Rs. 3063655.00.

Source : Equity Bulls

Keywords

HuhtamakiIndia Q1CY23 ResultUpdate