Nestle Q1 profit up 8% at Rs 275 cr

FMCG major Nestle India on Thursday said its net profit rose by 7.8 per cent to Rs 275.7 crore for the quarter ended March 31. The company had posted a net profit of Rs 255.7 crore in the same period of previous year, Nestle said in a statement. Net sales of the company stood at Rs 2,047.5 crore for the quarter under review compared to Rs 1,809.99 crore in the same period last year.