Nestle India net profit rises 10.68% to ₹538.5 crore in June quarter
The Hindu
Nestle India on Wednesday posted a 10.68% increase in its net profit to ₹538.5 crore for the quarter ended June 30. The company, which follows the January-December financial year, had reported a net p
Nestle India on Wednesday posted a 10.68% increase in its net profit to ₹538.5 crore for the quarter ended June 30. The company, which follows the January-December financial year, had reported a net profit of ₹486.60 crore in the year-earlier period. However, on a sequential basis, the company’s profits were down 10.5% from ₹602.2 crore in the January-March 2020 quarter. The company’s revenues from operation for the quarter under review stood at 3,476.7 crore, up 14% from 3,050.4 crore in the year earlier.
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