Categories AlphaGraphs, Earnings, Other Industries, Trending Stocks
Nestlé India Limited Q2FY22; 4% fall in Profits due Commodity Pressures
Revenue for Q2 FY22 has increased by 16% YoY to ₹ 40,365.7 millions. Profits have fell by 4% YoY to ₹ 5,153.4 millions. Total Expenses rose by 21% YoY to ₹33,555.9 millions in Q2FY22.
In this quarter’s investor presentation, showed that due to commodity headwinds and inflationary pressures, profits have fell. However, commodity prices softening that has been observed in the market will alleviate this issue.
To read more about this quarter’s results, check out this link.
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