Nestle reports 38% rise in Q4 net profit

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

14 Feb 2020 Evaluate

Nestle India has reported results for fourth quarter ended December 31, 2019.

The company has reported 38.41% rise in its net profit at Rs 473.02 crore for the quarter under review as compared to Rs 341.76 crore for the same quarter in the previous year. Total income of the company increased by 7.45% at Rs 3193.99 crore for the December quarter as compared to Rs 2972.50 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	1372.80
Varun Beverages	432.00
Britannia Industries	4947.75
LT Foods	432.00
Hatsun Agro Product	1148.40
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