Nestle India reports 27% rise in Q1 net profit

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

25 Apr 2024 Evaluate

Nestle India has reported results for first quarter (Q1) ended March 31, 2024.

The company has reported 26.81% rise in its net profit at Rs 934.17 crore for the quarter under review as compared to net profit of Rs 736.64 crore for the same quarter in the previous year. Total income of the company increased by 8.84% at Rs 5294.34 crore for March quarter as compared to Rs 4864.22 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	1382.00
Varun Beverages	435.55
Britannia Industries	4937.00
LT Foods	430.10
Hatsun Agro Product	1155.55
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