Nestle's Q4 revenues may rise up to 17% YoY, agri-inflation to dent margins

Nestle India Q4 preview: In the October-December quarter, shares of Nestle rose 2.4 per cent, while peers like Hindustan Unilever dropped 5 per cent, and Britannia gained 12 per cent

Photo: Reuters
Web Exclusive Premium

Photo: Reuters

Lovisha Darad New Delhi
FMCG major Nestle India is likely to register up to 17.5 per cent year-on-year (YoY) revenue growth to Rs 4,394 crore in the fourth quarter of CY22 (Q4CY22), expect analysts. In the year-ago period, the coffee and tea manufacturing company's revenues stood at Rs 3,706 crore. The company is scheduled to announce results on Thursday, February 16.
 
According to brokerages' estimates, higher agri-inflation and gross margin compression are likely to contract Ebitda (earnings before interest, taxes, depreciation, and amortization) margins up to 186 basis points (bps) to 21.5 per cent in Q4CY22 from 23.4 per cent, in the year-ago period.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 15 2023 | 11:35 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com