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Nestle India reports marginal fall in Q3 consolidated net profit

24 Oct 2020 Evaluate

Nestle India has reported results for third quarter ended September 30, 2020.

The company has reported 1.37% marginal fall in its net profit of Rs 587.09 crore for the quarter under review as against net profit of Rs 595.27 crore for the same quarter in the previous year. However, total income of the company increased by 9.29% at Rs 3576.17 crore for quarter ended September 30, 2020 as compared Rs 3272.21 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 1368.65
Varun Beverages 433.00
Britannia Industries 4934.25
LT Foods 427.40
Hatsun Agro Product 1144.45
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