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

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

06 Aug 2018 | By Rushikesh Aravkar

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%