FMCG major Nestle India reported 7.82% surge in its net profit to Rs 275.7 crore for the first quarter ended March 31, 2012. The company had posted a net profit of Rs 255.7 crore in the same period of previous year.
The company’s net sales stood at Rs 2,047.5 crore for the quarter under review, up by 13.12% as compared to Rs 1,809.99 crore in the same period last year.
During the quarter, $21 million were drawn down from Nestle SA for five years for capital expenditure under the External Commercial Borrowing approval from Reserve Bank of India.
| Company Name | CMP |
|---|---|
| Nestle India | 1427.90 |
| Varun Beverages | 462.95 |
| Britannia Industries | 5410.30 |
| LT Foods | 383.05 |
| Hatsun Agro Product | 926.15 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: