Nestle India Q1 preview: Commentary on rural demand, product pipeline eyed

Strong demand for packaged food will cap the impact of lockdown, say analysts.

Nestle India is scheduled to announce its March quarter results of the financial year 2019-20 (FY20) on May 12, Tuesday. The FMCG major, as per analysts, is likely to see a decline in key parameters - revenue, EBITDA, and net profit on an annual basis due to Covid-19 lockdown. However, strong demand for packaged food will cap the impact of lockdown, they say.

Here's a look at what top brokerages expect from Nestle India Q1 numbers -

Emkay Global Financial Services

The brokerage expects net sales (revenue) to decline 3 per cent year-on-year (YoY) and 7.5 per cent quarter-on-quarter (QoQ)