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Nestle India Limited Q4 FY21 Results: Nestle India Profit Rises 15% To Rs 602 Crore In January-March Quarter

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. ( ....

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Nestle net profit rises 14.62% to Rs 602.25 crore in Mar quarter

Nestle net profit rises 14.62% to Rs 602.25 crore in Mar quarter
Profit from operation, at Rs 840.2 crore, was 23.3 per cent of sales; total income in March quarter this year was Rs 3,640.47 crore, as against Rs 3,368.12 crore in the corresponding quarter previous fiscal
BusinessToday.In | April 20, 2021 | Updated 18:39 IST
Nestle India posted a 14.62 per cent increase in net profit for the quarter ended March 31, 2021, on the back of double-digit growth in domestic sales. The Maggi-Noodles-maker reported a net profit of Rs 602.25 crore during the quarter under review, as opposed to Rs 525.43 crore in the year-ago period.
Domestic sales under the March quarter stood at Rs 3,442.03 crore, 10.17 per cent higher than Rs 3,124.23 crore in the same quarter previous fiscal. Nestle s revenue from operations was recorded at Rs 3,610.82 crore in Q1 2021, compared to Rs 3,325.27 crore in Q1 2020. The company saw total sales worth Rs 3,600.2 crore during the March quarter t ....

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