On account of a positive influence of tax benefits and export incentives, Nestle, the fast-moving consumer goods (FMCG) major, registered a consolidated net profit increase of 34 per cent for the quarter ended June 30, at Rs 162 crore, compared with Rs 121 crore in the corres-ponding quarter of the previous financial year.
The revenue for the first quarter also increased by 17 per cent to Rs 1,215 crore, as compared with Rs 1,036 crore last year.
