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Nestle India to announce Q3 numbers today; here's what to expect

On Wednesday, the company reported a 'mid-single-digit growth' in the Indian market in the July-September quarter.

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EBITDA is likely to grow by 15.7 per cent YoY to Rs 878.5 crore, says Nirmal Bang Securities.

Swati Verma New Delhi
Shares of Nestle India were trading flat with a positive bias in the morning deals on Friday ahead of its September quarter results due later in the day. Nestle India follows January-December fiscal year, hence it would be the third quarter numbers for the fast-moving consumer goods (FMCG) major. 

At 09:30 AM, the stock was trading 0.67 per cent higher at 16,018.25 levels as compared to a 0.46 per cent rise in the benchmark S&P BSE Sensex.  The stock had hit an all-time high of Rs 18,301 on April 17, 2020. 

On Wednesday, the company reported a 'mid-single-digit growth' in