Nestlé India March quarter net rises 14.6%
The Hindu
Nestlé India posted a 14.6% increase in net profit to ₹602.25 crore for quarter ended March 31 from a year earlier, as in-home consumption boosted demand for key products. The company, which follows
Nestlé India posted a 14.6% increase in net profit to ₹602.25 crore for quarter ended March 31 from a year earlier, as in-home consumption boosted demand for key products. The company, which follows the January-December financial year, had reported a net profit of ₹525.43 crore in January-March 2020 quarter. Total sales rose 8.9% to ₹3,600 crore. In a statement, the company said the growth “was broad based and largely driven by volume and mix... Key products boosted by in-home consumption, posted double-digit growth”.
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