Nestlé India Q2 Net Profit Rises 36% to ₹1,027 Crore
Standalone net profit rose 36% year over year for the quarter ended September, while revenue increased 20% to ₹6,788 crore. The stock fell 7.76% after the company flagged food inflation and commodity costs.
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04:17:44 AM UTC
SquawkNews
Nestle India Net Up 36% in Sept Qtr
Nestlé India reported a 36% year-on-year rise in standalone net profit to 1,027 crore for the quarter ended September. Revenue increased 20% YoY to 6,788 cr. The company cited resilient demand. Its stock fell 7.76% after it flagged food inflation and commodity cost…