Nestle reports 11% rise in Q2 consolidated net profit

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

03 Aug 2019 Evaluate

Nestle India has reported results for second quarter ended June 30, 2019.

The company has reported 10.84% rise in its net profit at Rs 437.84 crore for the quarter under review as compared to Rs 395.03 crore for the same quarter in the previous year. Total income of the company increased by 11.41% at Rs 3073.44 crore for Q2 as compared Rs 2758.63 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	1370.00
Varun Beverages	433.65
Britannia Industries	4931.60
LT Foods	429.20
Hatsun Agro Product	1143.10
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