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Nestle India reports 15% rise in Q1 net profit

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 1384.15
Varun Beverages 441.80
Britannia Industries 4910.10
LT Foods 417.25
Hatsun Agro Product 1120.80
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