Are Huhtamaki India latest results good or bad?

Huhtamaki India has released its financial results for the quarter ending March 2025, highlighting some notable trends in its performance. The company reported a Profit Before Tax (PBT) of Rs 23.03 crore, which reflects a significant growth compared to the average PBT of Rs 13.08 crore from the previous four quarters. Similarly, the Profit After Tax (PAT) reached Rs 25.65 crore, showing a considerable increase against the average PAT of Rs 16.15 crore in the prior four quarters.
However, the company encountered challenges in net sales, which were reported at Rs 609.93 crore, marking the lowest figure recorded in the last five quarters. This decline in net sales indicates a negative trend in near-term sales performance, which contrasts with the positive growth in profitability metrics.

In terms of quarterly performance, the net sales showed a slight decline of 1.36% compared to the previous quarter, while the standalone net profit exhibited a substantial growth of 123.70%. The operating profit margin, excluding other income, was reported at 6.53%, with a change of 4.36% from the previous quarter.

Overall, while Huhtamaki India demonstrated strong profitability growth, the decline in net sales raises concerns about its operational performance. Additionally, the company saw an adjustment in its evaluation over the past three months, indicating a shift in its financial standing.