Stock prices of Axis Bank, HUL, and Bajaj Finserv will react to the Q4 numbers on Friday. Also, their respective sectors will be in focus due to their financial earnings.
Nestle India delivers the highest growth in a quarter in the last decade. In Q1 of 2023, the company s PAT stood at ₹737 crore up by 24.7% YoY, while net sales soared by 21.3% YoY to ₹4,808 crore. Also, the company posted double-digit growth across all products in the last four quarters.
Net profit for the period stood at ₹736 crore versus ₹590 crore reported a year earlier. Revenue from operations grew 21% to touch ₹4,830.53 crore, Nestle India said in a filing to the exchanges