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Nestle India Q1CY23 results: Here's what brokerages say; check details

The net profit for Q1CY23 stood at ₹736 crore as against ₹590 crore as reported a year earlier. The company in an exchange filing said that it reported a 21% increase in operating revenue to reach ₹4,830.53 crore.

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Nestle needs a margin sweetener

The company’s operating revenue grew by 21% year-on-year (y-o-y) to ₹4,831 crore in the last quarter, surpassing analysts’ expectations.

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Nestle India profit grows 25% on year, beats analyst estimates

Net profit for the period stood at ₹736 crore versus ₹590 crore reported a year earlier. Revenue from operations grew 21% to touch ₹4,830.53 crore, Nestle India said in a filing to the exchanges

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