Nestle India standalone net profit declines 20.00% in the December 2021 quarter

Sales rise 8.45% to Rs 3706.20 crore

Net profit of Nestle India declined 20.00% to Rs 386.66 crore in the quarter ended December 2021 as against Rs 483.31 crore during the previous quarter ended December 2020. Sales rose 8.45% to Rs 3706.20 crore in the quarter ended December 2021 as against Rs 3417.52 crore during the previous quarter ended December 2020.

For the full year,net profit rose 3.00% to Rs 2144.86 crore in the year ended December 2021 as against Rs 2082.43 crore during the previous year ended December 2020. Sales rose 10.11% to Rs 14633.72 crore in the year ended December 2021 as against Rs 13290.16 crore during the previous year ended December 2020.

ParticularsQuarter EndedYear EndedDec. 2021Dec. 2020% Var.Dec. 2021Dec. 2020% Var.Sales3706.203417.52 8 14633.7213290.16 10 OPM %10.6022.74 -21.3124.09 - PBDT376.43765.67 -51 3037.463183.17 -5 PBT270.68670.17 -60 2647.272812.79 -6 NP386.66483.31 -20 2144.862082.43 3

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