Home / Companies / Results / Nestle India Q1 profit rises 11% to Rs 486.60 cr; net sales up 1.96%

Nestle India Q1 profit rises 11% to Rs 486.60 cr; net sales up 1.96%

Nestle India's domestic sales rose 2.55 per cent to Rs 2,907.74 crore in April-June quarter as against Rs 2,835.37 crore a year ago

Premium

Nestle's total expenses rose marginally to Rs 2,436.14 crore from Rs 2,414.35 crore

3 min read Last Updated : Jul 28 2020 | 7:08 PM IST

FMCG major Nestle India Ltd on Tuesday reported a 11.14 per cent increase in net profit at Rs 486.60 crore for the quarter ended June 2020, helped by increase in sales.

The company, which follows January-December financial year, had posted a profit of Rs 437.79 crore in the same quarter a year ago, Nestle India said in a BSE filing.

Its net sales rose 1.96 per cent to Rs 3,041.45 crore during the quarter under review from Rs 2,982.83 crore in the corresponding period of last fiscal.

Commenting on the results, Nestle India Chairman and Managing Director Suresh Narayanan said, "The past three

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in