Nestle India standalone net profit rises 26.82% in the March 2024 quarter

Sales rise 9.28% to Rs 5254.43 crore

Net profit of Nestle India rose 26.82% to Rs 934.17 crore in the quarter ended March 2024 as against Rs 736.64 crore during the previous quarter ended March 2023. Sales rose 9.28% to Rs 5254.43 crore in the quarter ended March 2024 as against Rs 4808.40 crore during the previous quarter ended March 2023.

For the full year,net profit rose 64.52% to Rs 3932.84 crore in the year ended March 2024 as against Rs 2390.52 crore during the previous year ended December 2022. Sales rose 44.59% to Rs 24275.48 crore in the year ended March 2024 as against Rs 16789.53 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Dec. 2022% Var.Sales5254.434808.40 9 24275.4816789.53 45 OPM %25.6722.78 -23.9722.11 - PBDT1349.371092.16 24 5822.283658.98 59 PBT1240.50990.46 25 5284.503255.97 62 NP934.17736.64 27 3932.842390.52 65

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