'Huhtamaki India
standalone net sales increased 18.62% to Rs 661.57 crore in Q4CY21 compared to
Q4CY20. Operating profit margin has
declined from 6.36% to 1.64%, leading to 69.43% decline in operating profit to
Rs 10.85 crore. Raw material cost as a %
of total sales (net of stock adjustments) increased from 65.95% to 74.33%. Employee
cost decreased from 11.51% to 9.03%. Other
expenses fell from 15.94% to 15.02%.
Other income fell
38.55% to Rs 1.69 crore.
PBIDT fell
67.21% to Rs 12.54 crore. Provision for
interest up 21.39% to Rs 8.06 crore. PBDT fell 85.82% to Rs 4.48 crore. Provision for depreciation down 5.24% to Rs
22.59 crore. Profit before EO reported
tax of Rs 18.11 crore compared to profit of Rs 7.76 crore. Provision for tax was credit of Rs 4.59
crore, compar...
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