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Nestle reports Profit after tax of Rs 7366.40 Mln, in the March 2023 quarter

25 Apr 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 48305.30 millions grew by 20.99 % from Rs. 39926.40 millions.Profit saw a slight increase of 24.69%to Rs. 7366.40  millions from Rs. 5907.70 millions.The company reported a good operating profit of 11291.70 millions compared to 9423.90 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202212 202112 % Var
Sales 48305.30 39926.40 20.99 48305.30 39926.40 20.99 168969.60 147405.90 14.63
Other Income 336.90 214.40 57.14 336.90 214.40 57.14 1010.00 1201.50 -15.94
PBIDT 11291.70 9423.90 19.82 11291.70 9423.90 19.82 38135.50 36865.20 3.45
Interest 370.10 355.80 4.02 370.10 355.80 4.02 1545.70 2016.80 -23.36
PBDT 10921.60 9068.10 20.44 10921.60 9068.10 20.44 36589.80 32483.40 12.64
Depreciation 1017.00 1045.10 -2.69 1017.00 1045.10 -2.69 4030.10 3910.20 3.07
PBT 9904.60 8023.00 23.45 9904.60 8023.00 23.45 32559.70 28573.20 13.95
TAX 2538.20 2115.30 19.99 2538.20 2115.30 19.99 8654.50 7389.10 17.13
Deferred Tax -47.00 -46.70 0.64 -47.00 -46.70 0.64 -31.60 -54.80 -42.34
PAT 7366.40 5907.70 24.69 7366.40 5907.70 24.69 23905.20 21184.10 12.85
Equity 964.20 964.20 0.00 964.20 964.20 0.00 964.20 964.20 0.00
PBIDTM(%) 23.38 23.60 -0.96 23.38 23.60 -0.96 22.57 25.01 -9.76
Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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