MUMBAI: Nestle India today reported a 2.25 per cent on-year rise in its net profit for the quarter ended December to Rs 483.3 crore. The company’s revenues in the quarter grew 9 per cent on a year-on-year basis to Rs 3,432.6 crore.
Domestic sales growth is broad based largely driven by volume and product mix. Demand in out-of-home channel further improved in the quarter but continues to be impacted by Covid-19, the company said in its earnings statement.
The company’s board also approved a final dividend for the financial year ended December 31 of Rs 65 per share.
