Nestle India Q3 Results | Revenue grows 18%, profit 8% with broad-based growth
- Nestle India, the maker of Maggi and Kitkat, has reported an 8.3 percent increase in post-tax profit to Rs 668 crore for the quarter ended September 2022, up from Rs 617 crore the previous year.
- Profit is up 29.7 percent sequentially from Rs 515 crore in the June quarter of this year.
- Revenue for the quarter increased by 18.3 percent to Rs 4,591 crore, up from Rs 3,882 crore at the same time last year. Revenue is up 13.7 percent sequentially from Rs 4,036 crore. “
- In addition to the September quarter results, the company declared its second interim dividend of Rs 120 per equity share, amounting to Rs 1,157 crore, to be paid on and from November 16, 2022.