Revenue from operations stood at Rs 3,739.32 crore, up 8.93 per cent YoY compared to Rs 3,432.58 crore reported in the corresponding period last fiscal.
Nestle India s revenue from operations in the March quarter stood at Rs 3,611 crore
Manufacturer of popular noodle brand Maggi - Nestle India, reported a net profit of Rs 602 crore on Tuesday, April 20, registering a growth of 14.6 per cent in the January-March quarter from Rs 525 crore during the same period last year. According to a regulatory filing by the firm to the BSE, Nestle India reported double-digit domestic growth in the quarter ending March 2021 at 10.2 per cent, while the overall sales grew by 8.9 per cent to Rs 3,600 crore. The FMCG major reported broad-based growth in the quarter, largely driven by volume and mix. (
Nestle India Shares Fall After December Quarter Earnings Nestle India s revenue from sale of products rose 9 per cent to Rs 3,417.52 crore compared with Rs 3,130.74 crore in the year-ago period.
Updated: February 17, 2021 10:53 am IST
Nestle India shares fell as much as 5 per cent to hit an intraday low of Rs 16,360.
Shares of FMCG major Nestle India fell as much as 5 per cent to hit an intraday low of Rs 16,360 a day after it reported December quarter earnings. Nestle India s profit in quarter ended December 2020 rose 2 per cent to Rs 483.3 crore from Rs 472.6 crore during the same quarter last year. The profit numbers declared by Nestle India were below expectations as analysts at brokerage firm Motilal Oswal expected the company to report net profit of Rs 550 crore.