Nestle India Q1 2024 Earnings: Stay tuned for the live earnings call and real-time transcript

Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment. Nestle India will report first-quarter 2024 earnings on the 27 July, 2023. The company will most likely provide business updates for the first quarter.

Listen to Nestle India’s Q1 earnings call live and check real-time transcript

The company is estimated to report a strong set of quarterly numbers with double-digit percentage growth in both top-line as well as bottom-line, aided by price hikes and lower costs.

According to analyst estimates, Nestle India is estimated to report a net profit of Rs 677 crore for the three-month period, which translates to a 14 per cent increase compare with the corresponding period a year ago. Its revenue is pegged at Rs 4,413 crore, marking growth of 11 per cent on a year-on-year basis.

Nestle India Ltd reported Revenues for Q4FY23 of ₹4,831.00 Crores a rise of 20.99% YoY. Total Expenses for Q4FY23 saw year on year, a rise of 20.57%. Consolidated Net Profit of ₹737.00 Crores up 24.7% in the same quarter of the previous year.