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Nestle India Ltd Q1FY24; 37% rise in Profits

Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment.

Financial Results:

Nestle India Ltd reported Revenues for Q1FY24 of ₹4,659.00 Crores up from ₹4,046.00 Crore year on year, a rise of 15.15%.

Total Expenses for Q1FY24 of ₹3,743.00 Crores up from ₹3,370.00 Crores year on year, a rise of 11.07%.

Consolidated Net Profit of ₹698.00 Crores up 36.86% from ₹510.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹72.43, up 36.87% from ₹52.92 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Foods
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