Home / Companies / News / Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high

Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high

Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter

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3 min read Last Updated : Oct 19 2022 | 10:20 PM IST

Nestle India reported an 8.3 per cent surge in net profit to Rs 668.3 crore in the quarter ended September, on the back of a surge in net sales, which rose 18.2 per cent year on year to Rs 4,566.6 crore. This is the highest sales growth during the quarter during the past five years.

Nestle India follows January-December as its financial year.

“I am delighted to share that we have witnessed the highest sales growth in a quarter during the past five years. This achievement has been on continued strong volumes and mix evolution, with broad-based double-digit growth across

Topics : Nestle India sales

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