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Nestle India reports marginal fall in Q1 net profit

21 Apr 2022 Evaluate

Nestle India has reported results for first quarter ended March 31, 2022.

The company has reported 1.25% fall in its net profit at Rs 594.71 crore for the quarter under review as compared to net profit of Rs 602.25 crore for the same quarter in the previous year. However, total income of the company increased by 9.93% at Rs 4002.14 crore for March quarter as compared Rs 3640.47 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 1371.70
Varun Beverages 432.00
Britannia Industries 4949.50
LT Foods 432.00
Hatsun Agro Product 1146.90
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