MoneyWorks4Me

Nestle India reports 20% fall in Q4 net profit

17 Feb 2022 Evaluate

Nestle India has reported results for fourth quarter ended December 31, 2021.

The company has reported 20% fall in its net profit at Rs 386.66 crore for the quarter under review as compared to net profit of Rs 483.31 crore for the same quarter in the previous year. However, total income of the company increased by 8.76% at Rs 3766.65 crore for December quarter as compared Rs 3463.18 crore for the corresponding quarter previous year.

For the year ended December 31, 2021, the company has reported 3% rise in its net profit at Rs 2144.86 crore as compared to net profit of Rs 2082.43 crore for the previous year. Total income of the company increased by 9.88% at Rs 14829.52 crore for the year under review as compared Rs 13495.88 crore for the previous year.

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
View more..