Nestle India Q1 Results 2020 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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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