₹617 cr in the quarter NEW DELHI : Packaged food and beverage company Nestlé India Ltd on Tuesday reported a 5.1% increase from the year earlier in quarterly net profit thanks to higher domestic sales and exports.
Profit in the three months ended 30 September rose to ₹617 crore. The figure trailed the ₹634.7 crore consensus estimate of 11 analysts polled by Bloomberg.
Eight brokerages had pegged sales at ₹3,890.80 crore. The maker of Maggi noodles and Kit Kat chocolates, which follows the January to December financial year cycle, posted a 9.6% increase in sales at ₹3,865 crore in the quarter, from ₹3,525.4 crore a year earlier.