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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.

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