'Huhtamaki India
standalone net sales increased 15.21% to Rs 728.51 crore in Q1CY22 compared to
Q1CY21. Operating profit margin has
jumped from 6.69% to 6.96%, leading to 19.88% rise in operating profit to Rs
50.71 crore. Raw material cost as a % of
total sales (net of stock adjustments) increased from 69.08% to 72.09%. Employee cost decreased from 10.43% to
7.85%. Other expenses fell from 14.22%
to 13.19%.
Other income up
107.26% to Rs 12.56 crore.
PBIDT rose
30.83% to Rs 63.27 crore. Provision for
interest up 31.45% to Rs 7.23 crore.
PBDT rose 30.75% to
Rs 56.04 crore.
Provision for
depreciation down 3.96% to Rs 22.09 crore.
Profit before tax
grew 70.95% to Rs 33.95 crore.
&...
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