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Nestle India standalone net profit rises 2.26% in the December 2020 quarter

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Capital Market

Sales rise 9.16% to Rs 3417.52 crore

Net profit of Nestle India rose 2.26% to Rs 483.31 crore in the quarter ended December 2020 as against Rs 472.64 crore during the previous quarter ended December 2019. Sales rose 9.16% to Rs 3417.52 crore in the quarter ended December 2020 as against Rs 3130.74 crore during the previous quarter ended December 2019.

For the full year,net profit rose 5.79% to Rs 2082.43 crore in the year ended December 2020 as against Rs 1968.44 crore during the previous year ended December 2019. Sales rose 8.09% to Rs 13290.16 crore in the year ended December 2020 as against Rs 12295.27 crore during the previous year ended December 2019.

 
ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales3417.523130.74 9 13290.1612295.27 8 OPM %22.7422.17 -24.0923.80 - PBDT765.67707.66 8 3183.173043.64 5 PBT670.17614.10 9 2812.792673.49 5 NP483.31472.64 2 2082.431968.44 6

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First Published: Feb 17 2021 | 8:05 AM IST

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