HUHTAMAKI INDIA LIMITED

During the earnings conference call for the second quarter ended June 30, 2026, management reported a robust net sales growth of 23%, driven by a balanced contribution from pricing, volume, and product mix. EBITDA and EBIT grew by 55% and 71%, respectively, reflecting the company's strategy of profitable growth and disciplined capital allocation. The CFO highlighted that both domestic and export businesses experienced similar growth rates, with EBITDA margins improving to 10.5%. Management noted a significant reduction in total incident rates related to safety and discussed sustainability initiatives, including a new solar power plant and efforts in water treatment. The call concluded with management expressing confidence in the company's ability to navigate market challenges and maintain growth, particularly with the upcoming festive season. Overall, the company demonstrated strong financial performance and a commitment to sustainability and safety initiatives.

Management emphasized strong financial results and ongoing sustainability efforts.