Nestle India reported net profit of Rs 602 crore.
Shares of the popular Maggi noodle maker - Nestle India - fell as much as 1.73 per cent to hit an intraday low of Rs 16,799 on the National Stock Exchange after it reported March quarter earnings post market hours on Tuesday. On the BSE, Nestle India shares declined as much as 1.67 per cent to hit an intraday low of Rs 16,800.
Nestle India reported 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. Nestle India reported double-digit domestic sales growth in the quarter ending March 2021 at 10.2 per cent, while overall sales grew by 8.9 per cent to Rs 3,600 crore.