Nestle's stock ended the day 1.94 per cent lower at Rs 4,757 on BSE. It fell by 2.46 per cent to Rs 4,732 intra-day.
On NSE, the stock lost 1.94 per cent to end at Rs 4,779.
"Disappointing results, yet again topline miss," said Pritesh Chheda, Research Analyst, Emkay Global Financial Services.
Nestle India had yesterday reported a 7.14 per cent decline in net profit to Rs 259.16 crore in the quarter ended March 31.
Net sales rose to Rs 2,313.46 crore from Rs 2,248.08 crore in the same period of the previous year, Nestle India had said in a BSE filing.
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