Nestle India Ltd.

BSE: 500790 | NSE: NESTLEIND
Large Cap | Consumer Food
1285.65
27.10 (2.15%)
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Nestle India reports 60% fall in Q3 net profit

Date: 30-10-2015

Nestle India has reported results for third quarter ended September 30, 2015.

The company has reported 60.10% fall its net profit at Rs 124.20 crore for the quarter ended September 30, 2015 as compared to Rs 311.29 crore for the same quarter in the previous year. The company’s total income has decreased by 31.57% to Rs 1769.58 crore for the quarter under review from Rs 2585.96 crore for the corresponding quarter of the previous year.

Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.