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Nestle India pre-tax profit rises 18% to Rs 614.6 crore in Dec quarter

Nestle, which follows a January-December financial year, also declared its yearly income for 2019

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Nestle

Arnab Dutta New Delhi
Food and beverages major Nestle India on Thursday reported an 18 per cent jump (YoY) in its profit before tax (PBT) for the October-December quarter.
 
The company’s PBT rose to Rs 614.6 crore from Rs 522 crore. Its net sales stood at Rs 3,131 crore — 8.8 per cent higher than Rs 2,879 crore in the corresponding quarter previous year.
 
Nestle, which follows a January-December financial year, also declared its yearly income for 2019. Its PBT for the year rose 10 per cent YoY to Rs 2,675 crore — up from Rs 2,429 crore. While its net sales