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Huhtamaki PPL’s Q1 net profit up by 97.10%; TCPL’s by 61.17%

By Rushikesh Aravkar 06 Aug 2018

Packaging majors Huhtamaki PPL and TCPL have announced their financial results for the quarter that ended 30 June 2018.

Packaging majors Huhtamaki PPL and TCPL have announced their financial results for the quarter that ended 30 June 2018.

Financials

Q1 FY18-19

Q1 FY17-18

% change

Total income

Rs 597.95 crores

Rs 562.53 crores

 ↑ 6.3%

Net profit

Rs 14.25 crores

Rs 7.23 crores

 ↑ 97.1%

 

TCPL Packaging has posted net sales of Rs 182.94 crores and net profit of Rs 4.98 crores for Q1 FY 2018-19 as compared to net sales of Rs 158.34 crores and a net profit of Rs 3.09 crores for Q1 FY 2017-18.

Financials

Q1 FY18-19

Q1 FY17-18

% Change

Total income

Rs 182.94 crores

Rs  158.34 crores

 ↑ 15.54%

Net profit

Rs 4.98 crores

Rs 3.09 crores

 ↑ 61.17%

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