Nestle India’s net profit down 4% in Q2, revenue up 16%
Nestle India posted a net profit of ₹515.34 crore in the second quarter ended June 30, down 4.3 per cent against ₹538.58 crore in the corresponding quarter of the previous fiscal. Revenue from operations grew 16 .1 per cent to ₹4,036.6 crore. The company’s board approved acquisition of the pet foods business from Purina Petcare […]
Nestle India eyeing new categories to push growth : Suresh Narayanan
Nestle India is looking to tap opportunities in new categories such as ‘healthy ageing’, ‘plant-based nutrition’ and ‘healthy snacking’ to boost growth in the country, as per its Chairman and Managing Director Suresh Narayanan. Narayanan on Wednesday also said that the company’s existing businesses, ranging from nutrition, breakfast cereals and beverages to chocolate and confectionery, […]
Nestle Q4 results: Net profit dips 20% YoY to Rs 387 cr; rev up 9%
FMCG giant Nestle India on Thursday reported a net profit of Rs 386.66 crore for the October-December quarter, down 19.99 per cent year-on-year (YoY) from Rs 483.31 crore recorded during the same period last year. The company’s revenue from operations came in at Rs 3,739.32 crore, up 8.93 per cent YoY compared to Rs 3,432.58 […]
Nestle India’s Net profit jumps by 14.6% in last quarter of FY 20-21
Revenue from operations for the quarter ended 31 March was up 8.5% at ₹3,610.82 crore from the ₹3,325.27 crore it reported in the year-ago period Packaged foods company Nestlé India on Tuesday reported a 14.65% jump in March quarter net profit at ₹602 crore, slightly ahead of Street estimates, as the company reported double-digit growth in domestic sales […]