Nestle India Q2 preview: Net profit could rise up to 20% YoY, say analysts

Better supply chain compared to base quarter would lead to strong sales in products such as Maggie, Kit Kat, and infant products, brokerage Sharekhan said

A low base last year and continued demand for in-home consumption products like Maggi, Kitkat, Nescafe are likely to drive Nestle India's growth in the June quarter (Q2FY21), believe analysts. In year-on-year (YoY) terms, the company is expected to post a 14-19 per cent jump in profit after tax (PAT) and 13-21 per cent increase in revenues. Although, sequentially, the performance is likely to remain muted. 

The company follows the January-December financial year and will post its second quarter numbers for the financial year 2021 on Wednesday, July 28.

Outlook on consumption trends, raw material price trends, price hikes along