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Nestlé India's profit fell by 6.5% to ₹873.46 cr

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New Delhi, April 24 (HS): Nestlé India Limited has reported its results for the January-March quarter of FY 2024-25, revealing a 6.5% decrease in profit to ₹873.46 crore, down from ₹934.17 crore a year earlier. The company announced a dividend of ₹10 per share for shareholders.

Revenue from product sales rose by 3.67% to ₹5,447.64 crore, compared to ₹5,254.43 crore in the same quarter of FY 2023-24. Total expenses reached ₹4,307.76 crore. Domestic sales grew by 4.24% to ₹5,234.98 crore, up from ₹5,021.61 crore a year prior.

Chairman Suresh Narayanan noted robust double-digit growth in beverages and confectionery, marking the highest domestic sales for a quarter thus far.

Hindusthan Samachar / Jun Sarkar

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