Huhtamaki India down after Q2 profit falls

Huhtamaki Oyj

23/07/2025 08:03

** Shares of Huhtamaki India Ltd HUHT.NS fall as much as 2.8% to 224 rupees

** Packaging and labelling co, a local unit of Finnish Huhtamaki Oyj, reported a 35.3% y/y drop in Q2 profit to 249.4 mln rupees ($2.9 mln); rev fell 4.3%

** Co says it had slightly lower volumes compared to last year, reflected in revenue numbers

** More than 504,000 shares traded as of 12:18 p.m. IST, 1.6x their 30-day moving avg

** HUHT last down 2.5% on the day, 15.8% YTD

($1 = 86.3380 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))