Nestle India Dec qtr soft on volumes; long-term outlook upbeat2 min read 19 Feb 2023, 08:53 PM IST
A primary factor that has weighed on revenue growth last quarter was the subdued volume performance. Q4 volume growth (including mix impact) was muted at below 4% versus 7-8% in prior quarters.
Nestle India Ltd’s year-on-year operating revenue growth for the three months ended December (Q4CY22) at nearly 14% was a sore point. This is the slowest growth seen in the past three quarters. The company follows a January to December financial year.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category