Huhtamaki India Q2 2026 Earnings: Revenue Up 23%

Quarterly performance shows a sharp improvement

Huhtamaki India reported stronger second-quarter 2026 earnings, with revenue, net income and earnings per share rising from the year-earlier period. Revenue for the quarter stood at ₹7.50 billion. This represented growth of 23% from Q2 2025. Net income rose 75% year-on-year to ₹0.44 billion. Earnings per share, or EPS, increased to ₹5.79 from ₹3.30 a year earlier. The latest reported trailing 12-month EPS was ₹18.07. The quarterly figures point to a significant improvement in profitability relative to the comparable period. The company operates through India and Outside India geographical segments.

Revenue reaches ₹7.50 billion in the latest quarter

The company reported sales of ₹7.50 billion for the latest quarter. Revenue had been ₹6.13 billion in the preceding quarter, according to the supplied financial data. That indicates a sequential rise in reported revenue during the latest quarter. The quarterly results table also records sales of ₹7.50 billion for June 2026. Sales in March 2026 were ₹6.13 billion. The June 2026 sales figure was also higher than ₹6.12 billion recorded in June 2025. Revenue growth is important because it followed a period of broadly stable quarterly sales during 2025. The company has not provided a revenue forecast alongside the latest release.

Profit growth outpaced the rise in sales

Net income for the quarter was ₹0.44 billion, compared with the year-earlier figure implied by the stated 75% increase. EPS rose by ₹2.49 per share from Q2 2025. The growth in earnings was faster than the 23% increase in revenue. The standalone quarterly snapshot reported net profit of ₹0.44 billion for June 2026. It also showed operating profit, excluding other income, of ₹0.75 billion. Operating profit was ₹0.40 billion in March 2026. This represented an 88.04% sequential increase in the standalone snapshot. The available data therefore shows improved operating performance in the June quarter.

Operating profit improves in the June quarter

The quarterly financial table shows operating profit of ₹0.75 billion in June 2026. This compares with ₹0.40 billion in March 2026 and ₹0.43 billion in June 2025. Expenses were reported at ₹6.75 billion in June 2026. Expenses were ₹5.73 billion in March 2026. The rise in sales exceeded the increase in reported expenses on this comparison. Profit before tax was ₹0.59 billion in June 2026. Net profit was ₹0.44 billion in the same period. These figures provide the operating context for the higher quarterly EPS.

Board meeting is scheduled for October 27

Huhtamaki India has informed exchanges that its board will meet on October 27, 2026. The stated agenda is to consider and approve unaudited financial results for the third quarter and nine-month period ended September 30, 2026. The company has also uploaded the board-meeting intimation on its website. The supplied material describes this as a Q3 2026 results announcement. It also refers to Q3 FY27 in a separate company update. Investors should therefore rely on the company’s formal filing for the precise reporting-period designation. No Q3 financial figures were provided in the material. The October 27 meeting is the next confirmed corporate event cited in the data.

Earlier 2025 results provide useful context

Huhtamaki India reported full-year net sales of ₹23.90 billion for the year ended December 2025. That was approximately 2.5% lower than ₹24.50 billion reported in the corresponding previous period. Despite the sales decline, profit before tax before exceptional items rose 83% to ₹1.57 billion. The comparable 2024 profit before tax figure was ₹0.86 billion. Full-year net profit after exceptional income and tax was ₹1.18 billion. This was higher than ₹0.88 billion in the previous year. The data indicates that profit improved substantially even as full-year sales declined. The June 2026 quarter extended the improvement in reported earnings.

Consensus estimates have moved higher

The supplied consensus outlook for 2026 shows a higher revenue and EPS estimate. The revenue forecast was raised from ₹26.10 billion to ₹28.30 billion. The EPS forecast increased from ₹15.50 to ₹20.40 per share. The outlook also indicated an expectation for net income growth of 32% next year. This compared with a 25% growth forecast for India’s packaging industry. These are consensus estimates, not company guidance. Forecasts can change as companies report subsequent results or provide new information. The October board meeting may offer the next formal update on the company’s financial performance.

Some reported Q3 figures require careful reading

The supplied data includes a separate reference to Huhtamaki India’s Q3 FY26 performance. That reference cited net sales of ₹5.17 billion and net profit of ₹0.15 billion. It described year-on-year declines in net profit and net sales. Another Q3 results summary cited total revenue of ₹6.23 billion and PAT of ₹0.30 billion. These references use different reported measures and period descriptions. They should not be treated as directly comparable with the June 2026 Q2 figures without reviewing the underlying filings. The confirmed June-quarter release reported revenue of ₹7.50 billion and net income of ₹0.44 billion. Clear distinction between standalone data, consolidated measures and reporting periods is important when assessing performance.

Key reported figures

Market relevance for investors and the packaging sector

The June-quarter numbers place the focus on the relationship between revenue growth and profit expansion. Revenue rose 23% year-on-year, while net income increased 75%. The larger increase in earnings was accompanied by a rise in standalone operating profit. For investors, the upcoming board meeting is relevant because it covers the quarter ended September 30, 2026. The company’s latest data does not include a market-price movement or valuation measure. It also does not provide management commentary on demand, volumes, raw-material costs or margins for the June quarter. As a result, the reported financial figures remain the clearest basis for evaluating the latest performance. Any assessment of future trends will depend on the results approved on October 27 and accompanying disclosures.

Conclusion

Huhtamaki India’s Q2 2026 results showed revenue of ₹7.50 billion, net income of ₹0.44 billion and EPS of ₹5.79. The company reported year-on-year growth of 23% in revenue and 75% in net income. Consensus estimates for 2026 have also been revised upward. The next confirmed event is the board meeting on October 27, 2026, when the company is scheduled to consider its third-quarter and nine-month financial results.