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- Nestle India Q4 Results: Nestle India Net Profit Falls 6.5% to Rs 873 Crore, FMCG FIRM Declares Rs 10 Dividend
Mumbai23 minutes ago
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Maggi making company Nestle India Limited stood total earnings i.e. total income of Rs 5,512 crore in the fourth quarter. This is 4.11% higher than last year. Revenue was Rs 5,503 crore from the operation of the company’s earnings. In the January to March quarter, the company’s total expenditure was Rs 4,307 crore and total tax was Rs 318 crore.
If the cost and tax is reduced from the total income, then the company got a net profit of Rs 873 crore in the fourth quarter. This has decreased by 6.53% compared to last year. That is, profits have also increased with the company’s earnings. Nestle India released the results of the January-March quarter (Q4FY25, fourth quarter) on Thursday (April 24).
What was the results for the common man?
If you have shares of Nestle India, the company’s board has also approved the final dividend (dividend) of Rs 10 per share to the shareholders. Companies give some part of the profits to their shareholders, it is called dividend.
Are the company’s results better than expected?
Market experts hoped that Nestle India’s profits could increase by about 5% in the fourth quarter of FY 2024-25. According to this, the company has not performed better than the expectation of market analysts.
How was the share performance in the last one year?
After the result, Nestle India’s stock today closed 0.26% to close at Rs 2,427. Nestle India shares have given 3% returns in the last 5 days. At the same time, the stock has climbed 8% in 1 month and 7% in 6 months.
The company’s stock has fallen by about 3% in a year. Only this year i.e. from January 1 till now, the company’s stock has increased by 12%. The company’s market value is Rs 2.35 lakh crore.
Nestle India was built in 1959
Nestle India Limited is the Indian subsidiary of Multinational Company Nestle. Its headquarters are in Gurgaon, Haryana. The company makes products such as food, beverages, chocolate and confectionery.
Nestle India was built on 28 March 1959. Parent company Nestle holds more than 60% stake in Nestle India. Nestle India has 9 production facilities across the country.
