Nestle India Q4 Results: Company recommends a final dividend of Rs 8.50 per equity shares of Re 1 each for the 15 months financial year ended March 31, 2024; Net Profit Jumps 26.7% YoY To Rs 934 Crore, Rs 8.50 Dividend Declared
Nestle India Q4 Results: Revenue from operations rose 8% YoY to Rs 4,584 crore in the reporting fourth quarter. The company follows a January-December financial year.
Nestle India s net profit for the December quarter is seen rising 18% YoY to Rs 745 crore, according to the average of estimates given by eight brokerage firms. Revenue is seen rising 10.3% to Rs 4,697 crore and the operating profit by 15.3% to Rs 1,126 crore.
From Maggi Crisis to FMCG Dominance: After successfully steering the FMCG major through the Maggi crisis in 2015, Suresh Narayanan has put Nestle onto a steady new growth path in the past few years. He won the BT-PwC India’s Best CEOs award in the FMCG category. In an exclusive interview with Business Today magazine, he talked about preparing Nestle for the future and the challenges ahead. Find out all about it in this Business Today Visual Story.