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Nestle India reports 11% rise in Q2

29 Jul 2020 Evaluate

Nestle India has reported results for second quarter ended June 30, 2020.

The company has reported 11.15% rise in its net profit of Rs 486.60 crore for the quarter under review as against Rs 437.79 crore for the same quarter in the previous year. Total income of the company increased 0.49% at Rs 3088.41 crore for June quarter as compared Rs 3073.44 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 1384.15
Varun Beverages 441.80
Britannia Industries 4910.10
LT Foods 417.25
Hatsun Agro Product 1120.80
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