Nestle reports 9% rise in Q1 net profit

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

15 May 2019 Evaluate

Nestle India has reported results for first quarter ended March 31, 2019.

The company has reported 9.26% rise in its net profit at Rs 463.28 crore for the quarter under review as compared to Rs 424.03 crore for the same quarter in the previous year. Total income of the company increased by 9.33% at Rs 3,076.14 crore for March quarter as compared Rs 2,813.67 crore for the corresponding quarter of 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	1368.60
Varun Beverages	433.75
Britannia Industries	4931.60
LT Foods	431.15
Hatsun Agro Product	1143.10
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