Huhtamaki India Q1 Results Live : profit falls by 26.66% YOYMutual FundHuhtamaki India Q1 Results Live : profit falls by 26.66% YOY

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

Stay updated on quarterly results with our results calendar

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Published: 26 Apr 2024, 02:48 AM IST

Disclaimer: Along with publishing our own news, we get news from various sources namely from news wires ANI, PTI, other reputed finance portals and individual journalists. We are not legally liable for any inaccuracies in the news and expect the reader to do their own due diligence.

http://ganesh@finplay.in

Finance enthusiast, Mutual fund expert.




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