Nestle India reports 15% rise in Q1 net profit

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

21 Apr 2021 Evaluate

Nestle India has reported results for first quarter ended March 31, 2021.

The company has reported 14.62% rise in its net profit of Rs 602.25 crore for the quarter under review as against net profit of Rs 525.43 crore for the same quarter in the previous year. Total income of the company increased by 8.09% at Rs 3,640.47 crore for quarter ended March 31, 2021 as compared Rs 3,368.12 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	1371.65
Varun Beverages	433.15
Britannia Industries	4937.00
LT Foods	432.90
Hatsun Agro Product	1146.80
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