New Delhi : Nestle India Limited has announced its third-quarter results. The company’s profit rose 8.25 per cent to ₹668.34 crore in the third quarter (July-September) of the current year.
Nestle India on Wednesday said the net profit stood at ₹617.37 crore in the same period a year ago. During this period, its net sales increased by 18.24 per cent to ₹4,591 crore from ₹3,882.57 crore in the year-ago quarter. Its total expenses rose 20.55 per cent to ₹3,715.40 crore for the third quarter that ended September 30, as against ₹3,081.99 crore in the year-ago period.
The company’s domestic sales stood at ₹4,361.15 crore, up 18.27 per cent from ₹3,687.37 crore a year ago. During this period, the company’s exports grew by 15.68 per cent to ₹205.45 crore as compared to ₹177.60 crore in the same period last year.
It is noteworthy that Nestle India Limited is a subsidiary of the multinational Swiss company Nestle. The headquarter of the company is located in Gurgaon. The company’s major products include Maggi noodles, beverages, chocolates, and confectionery.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.