Nestle Q1 preview: PAT may rise up to 14% YoY, say analysts

Nestle Q1 preview: Raw material prices have started inching up, however, cost optimisation measures should aid Ebitda margin expansion of 120 bps YoY, said analysts at Edelweiss Financial

Nestle Q1 preview: Increased in home-consumption, better demand from rural and urban India, sustainable growth in Maggi noodles and new products launches are some of the factors that analysts believe will drive growth for the fast-moving consumer goods (FMCG) maker Nestle India in the January - March quarter of 2021.

Nestle, which is slated to report its results for the March quarter on April 20, could post up to 14 per cent year-on-year (YoY) rise in Q1 net profit, while revenues could increase between 5-11 per cent. The company follows January - December financial year.

Analysts also expect gross margins