Nestle India: Profit Rises 5% on Strong Revenue Growth

"Nestle India: Profit Rises 5%

Nestle India reported a 4.94% rise in net profit to Rs 688.01 crore for Q4 2024, driven by a 3.89% increase in revenue to Rs 4,762.13 crore. Domestic sales grew 3.23%, while exports surged 21.15%. Total expenses rose 6.18%. Shares jumped 6.46% to Rs 2,362, reflecting investor optimism over steady growth and strong brand performance.

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