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Nestle net profit declines 1.3% YoY to Rs 594.7 crore; revenue up 10.2%

"We have delivered double-digit domestic sales, driven by volume and mix," Naryanan said in its earnings release

Topics
nestle | Q4 Results | Suresh Narayanan

Sharleen D'Souza  |  Mumbai 



Suresh Narayanan, chairman and managing director, Nestlé India
During the January-March quarter, Nestlé India’s PBIDT (profit before interest, depreciation, and tax) was down 1.4 per cent at Rs 945.9 crore

Continued inflation could be a key factor in the short- to medium-term, Suresh Narayanan, chairman and managing director of Nestlé India, said, adding that cost of key raw and packaging materials are at 10-year highs, which has impacted profit from operations.

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First Published: Thu, April 21 2022. 23:38 IST

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