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Nestle India standalone net profit rises 59.58% in the December 2017 quarter

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Capital Market

Sales rise 15.56% to Rs 2589.64 crore

Net profit of Nestle India rose 59.58% to Rs 311.83 crore in the quarter ended December 2017 as against Rs 195.41 crore during the previous quarter ended December 2016. Sales rose 15.56% to Rs 2589.64 crore in the quarter ended December 2017 as against Rs 2240.96 crore during the previous quarter ended December 2016.

For the full year,net profit rose 22.35% to Rs 1225.19 crore in the year ended December 2017 as against Rs 1001.36 crore during the previous year ended December 2016. Sales rose 9.65% to Rs 9952.53 crore in the year ended December 2017 as against Rs 9076.37 crore during the previous year ended December 2016.

 
ParticularsQuarter EndedYear EndedDec. 2017Dec. 2016% Var.Dec. 2017Dec. 2016% Var.Sales2589.642240.96 16 9952.539076.37 10 OPM %20.6017.35 -21.0720.38 - PBDT561.17409.27 37 2181.551909.83 14 PBT477.41321.93 48 1839.301556.16 18 NP311.83195.41 60 1225.191001.36 22

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First Published: Feb 15 2018 | 4:28 PM IST

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