Nestle India reports marginal fall in Q2 net profit

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

28 Jul 2022 Evaluate

Nestle India has reported results for second quarter ended June 30, 2022.

The company has reported 4.32% fall in its net profit at Rs 515.34 crore for the quarter under review as compared to net profit of Rs 538.58 crore for the same quarter in the previous year. However, total income of the company increased by 15.68% at Rs 4055.94 crore for June quarter as compared Rs 3506.17 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	1381.15
Varun Beverages	433.50
Britannia Industries	4945.95
LT Foods	428.10
Hatsun Agro Product	1152.50
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