Nestle India reports 50% rise in Q2 net profit

Nestle India Ltd. | Consumer Food | FMCG | BSE: 500790 | NSE: NESTLEIND

03 Aug 2018 Evaluate

Nestle India has reported results for second quarter ended June 30, 2018.

The company has reported a rise of 49.96% in its net profit at Rs 395.03 crore for the quarter under review as compared to Rs 263.43 crore for the same quarter in the previous year. Total income of the company increased by 9.21% at Rs 2,758.63 crore for June 30, 2018 as compared Rs 2,525.96 crore for the corresponding quarter previous year.

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

Peers

Company Name	CMP
Nestle India	1363.30
Varun Beverages	432.90
Britannia Industries	4934.25
LT Foods	425.95
Hatsun Agro Product	1145.10
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