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- Nestle India Q2 Results 2024 Update; Share Price | Earning And Net Profit
Mumbai2 minutes ago
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Nestle India, a company making consumer goods like Maggi, chocolate, coffee, has made a profit of Rs 986.4 crore in the second quarter of the financial year 2024-25. There has been an increase of 8.6% on annual basis. The company had made a profit of Rs 908 crore in the same quarter a year ago.
The company generated standalone revenue of Rs 5,104 crore in the July-September quarter. Last year in July-September it was Rs 5,037 crore. There has been a slight increase of 1.34% on annual basis.
Nestle India's profit increases by 8% in Q2 FY25
on an annual basis
| Nestle India | FY25 (July-September) | FY24 (July-September) | Change (%) |
| operational revenue | ₹5104 | ₹5037 | 1.33% |
| other income | ₹6.9 | ₹33.3 | -79.27% |
| total income | ₹5111 | ₹5070 | 0.81% |
| total expense | ₹4090 | ₹3954 | 3.44% |
| net profit | ₹986 | ₹908 | 8.59% |
| EBITDA | ₹1,168 | ₹1,225 | 4.7% |
| EBITDA Margin | 22.9% | 24.2% | 130bps |
Note – Figures in crores of rupees…₹
Nestle India's total income increased by 5% on quarterly basis.
| Nestle India | FY25 (July-September) | FY25 (April-June) | Change (%) |
| operational revenue | ₹5104 | ₹4814 | 6.02% |
| other income | ₹6.9 | ₹39 | -82.31% |
| total income | ₹5111 | ₹4853 | 5.32% |
| total expense | ₹4090 | ₹3844 | 6.40% |
| net profit | ₹986 | ₹747 | 32% |
Note – Figures in crores of rupees…
Nestle India's shares have risen less than 2% in a year
After the Q2FY25 results, the company's stock is down by 3.46% today (Thursday, October 17) and is trading at Rs 2377. The company's stock has fallen 6.67% in the last one month, 3.47% in six months and 13.16% this year (January 1 to date). At the same time, it has increased only 1.91% in the last one year.
Nestle India shares are trading at Rs 2388, down more than 3% at 12:51 pm on Thursday. The market capitalization of the company is Rs 2.29 lakh crore.
Nestle India was established in 1959
Nestle India Limited is the Indian subsidiary of the multinational company Nestle. Its headquarters is in Gurgaon, Haryana. The company manufactures products like food, beverages, chocolate and confectionery.
Nestle India was formed on 28 March 1959. Parent company Nestle has more than 60% stake in Nestle India. Nestle India has 9 production facilities across the country.
