Nestle India’s Net Profit Declines To Rs 873 Cr In Q4
On a sequential basis, the company’s consolidated net profit rose from Rs 688.01 crore in the quarter that ended 31 December 2024
On a sequential basis, the company’s consolidated net profit rose from Rs 688.01 crore in the quarter that ended 31 December 2024
The urban slowdown has put pressure on profits at corporate India during the third quarter of the current financial year
The company posted a consolidated net profit of Rs 688.01 crore in the third quarter of the current fiscal (Q3FY25)
The firm states that this is a policy issue between the two countries and is not ‘Nestle-specific’
In the wake of recent allegations surrounding the presence of added sugars in infant cereal products, Nestle India has issued a statement defending the nutritional quality and safety of its offerings. Responding to accusations made by Public Eye, a Swiss investigative organization, Nestle India’s spokesperson emphasized the company’s unwavering dedication to providing high-quality nutrition to […]
Shares of Nestle India have taken a sharp hit Thursday after a Swiss-based organisation made charges against the multi-national food company of adding sugar to infant food products. At 2.45 pm, the shares of Nestle India were 3.6 per cent down at Rs 2,454. Its intraday low was at Rs 2,410. The centre has taken […]
Nestle India, on Wednesday, reported a rise of 4.38 per cent in net profit at Rs 655.61 crore in the fourth quarter ended December 2023 as against the net profit of Rs 628.06 crore in the same period of the previous fiscal, the company said in a BSE filing. Its total revenue from operations also […]
Analysts anticipate a sluggish revenue growth in the third quarter of FY24 for the fast-moving consumer goods (FMCG) sector due to subdued volumes, despite the favorable impact of lower raw material prices on gross margins. The persisting demand challenges have led to restrained volume growth across FMCG products. Rural volumes lag behind urban figures, impacted […]
Nestle India on Thursday reported a 36 per cent increase in consolidated net profit to Rs 908 crore for the September quarter of the financial year 2024 (FY24) as compared to Rs 668.3 crore a year ago. The total revenue of the company stood at Rs 5,036 crore, climbing 9.6 per cent from Rs 4,591 […]
Nestle India on Friday revealed plans to invest a staggering Rs 4,200 crore by 2025. The investment includes the establishment of its 10th plant in Odisha, in addition to augmenting its existing manufacturing facilities. Chairman and Managing Director of Nestle India, Suresh Narayanan, at a media roundtable emphasised the significance of these investments, citing the […]