Active Stocks
Thu Mar 28 2024 15:29:53
  1. Tata Steel share price
  2. 156.45 2.36%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,446.50 0.40%
  1. ITC share price
  2. 428.30 0.07%
  1. Power Grid Corporation Of India share price
  2. 277.15 2.25%
Business News/ Companies / Nestle India’s earnings rise to Rs108 crore
BackBack

Nestle India’s earnings rise to Rs108 crore

Nestle India's earnings rise to Rs108 crore

Premium

New Delhi: Nestle India Ltd, the local unit of the world’s biggest food company, on Monday said its first-quarter profit had increased by 22%.

Net income in the three months ended 31 March rose to Rs108 crore from Rs88.61 crore in the year-earlier period, the New Delhi-based company told the Bombay Stock Exchange.

The company’s revenue for the January-March quarter increased to Rs870 crore from Rs681 crore in the year-ago period.

Shares of Nestle India rose Rs15.40, or 1.6%, to finish at Rs1,007.65 at the end of the day’s trade on the Bombay Stock Exchange.

The earnings were announced after the close of trading.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 May 2007, 12:57 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie