Huhtamaki India Ltd - 509820 - Clarification sought from Huhtamaki India Ltd
The Exchange has sought clarification from Huhtamaki India Ltd on November 10, 2023, with reference to Movement in Volume.The reply is awaited.10-11-2023
10-11-2023
Huhtamaki India Ltd - 509820 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update On Sale Of Thane Land
The Board of Directors approved the sale of Company''s land at Majiwade, Thane in favour of Sparkle Two Mall Developers Private Limited for a consideration of Rs. 4290 million.08-11-2023
Huhtamaki India Ltd - 509820 - Updates Pertaining To Voluntary Retirement Scheme (VRS) Of The Company At Its Hyderabad Plant.
Pursuant to the VRS rolled at the Company''s plant at Bollaram, Hyderabad, 93 employees opted for the VRS involving a payout of Rs. 287.5 million.07-11-2023
Huhtamaki India Ltd - 509820 - Intimation Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Regarding Voluntary Retirement Scheme (VRS) Of The Company At Its Hyderabad Plant.
The Board of Directors vide a Circular resolution approved rolling a Voluntary Retirement Scheme at the Company''s Hyderabad Plant31-10-2023
Huhtamaki India Ltd - 509820 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcripts of the Earnings Call for the quarter ended 30th September 2023 (Q3 FY 2023)27-10-2023
Huhtamaki India Ltd - 509820 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to the Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, the audio recording of the earnings call can be accessed on the link provided herein and on the Company''s website.24-10-2023
Huhtamaki India Ltd - 509820 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investors Presentation for Q3 202322-10-2023
Huhtamaki India Share Price Live blog for 19 Oct 2023
Huhtamaki India stock price went up today, 19 Oct 2023, by 10.28 %. The stock closed at 283.5 per share. The stock is currently trading at 312.65 per share. Investors should monitor Huhtamaki India stock price closely in the coming days and weeks to see how it reacts to the news.19-10-2023
Q3CY23 Quarterly Result Announced for Huhtamaki India Ltd.
Containers & Packaging company Huhtamaki India announced Q3CY23 results: Financial Performance 1. Revenue: Huhtamaki India Limited reported a decrease in net sales of Rs 6,442.9 million for Q3CY23, compared to the corresponding period of last year. However, sales for Q3 have shown a 6% increase compared to the previous quarter. 2. EBIT: The company reported EBIT before exceptional items at Rs 379.2 million for Q3CY23, which represents a significant ten-fold increase compared to the corresponding period of last year. 3. Net Profit: Despite the decrease in net sales, Huhtamaki India Limited managed to significantly add to its bottom line during Q3CY23, reflecting effective cost control and commercial actions. Strategic Focus 1. Sustainable Packaging: Huhtamaki India Limited is committed to reimagining packaging for a better world. The company's range of sustainable packaging products, driven by technology and operational excellence, is aligned with its customers' sustainability goals. 2. Customer-centric Approach: Huhtamaki India Limited aims to provide innovative and high-quality packaging solutions to its customers. The company focuses on meeting customer needs, ensuring product safety, and promoting accessibility and affordability. Forward-Looking Statements 1. Growth and Expansion: The company remains focused on its strategic growth plans. Huhtamaki India Limited aims to continue driving revenue growth, optimizing production processes, and expanding its market presence. 2. Sustainability: Huhtamaki India Limited is committed to embedding sustainability in everything it does. The company aims to further enhance its sustainable packaging solutions, contribute to waste reduction, and address environmental concerns. Dhananjay Salunkhe, Managing Director of Huhtamaki India, stated, "Even though the Company continued to witness erosion in the Top Line in Q3, partly because of strategic positioning, we were able to add significantly to the bottom line during the quarter and the entire 2023. While there have been challenges in the Business Environment, commercial actions, and intensified cost-out initiatives started a few quarters back are now impacting the Results, which is apparent from the Company's financial performance. Our ambition is to reimagine packaging for a better world, encouraging our customers and end users to adopt sustainable packaging. Therefore we are introducing 'Huhtamaki Blueloop’ as our enterprise-wide brand that covers our range of sustainable packaging products driven by technology and operational excellence. This helps align our vital goal of sustainability with our customer's sustainability goals as well." Result PDF18-10-2023
Huhtamaki India Ltd - 509820 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The Listing Regulations)
Closure of Company''s manufacturing site at Mahape17-10-2023