Nestle India profit jumps 50% in June quarter on lower input cost
Nestle India's June-quarter net profit rises to ₹395.03 crore as against ₹263.43 crore in the year-ago quarter
New Delhi: Nestle India Ltd, the local entity of Swiss packaged food maker Nestle SA, on Friday reported a 50% jump in its net profit for the quarter ended 30 June, backed by lower cost of raw materials. Net profit for the June quarter stood at ₹ 395.03 crore as against ₹ 263.43 crore in the year-ago quarter. Nestle India follows a January-December year for accounting.