The revenue from operations stood at 5,036.82 crore, up 9.45% y-o-y for the quarter.
The company's operating profit margin expanded 250 basis points (bps) to 24.3% y-o-y driving up the earnings before interest, tax, depreciation and amortisation (Ebitda) from 21.8% to ₹1,225 crore. The export sales stood at ₹185.8 crore.
The company said its domestic sales increased by 10.3%y-o-y, supported by prudent pricing and volume growth. Nestle said it has crossed turnover of ₹5,000 crore, a first for the company in any quarter.
Nestle India shares rose 3.51% to end at ₹24,080 apiece on the BSE.
Suresh Narayanan, chairman and managing director, said domestic sales grew in double digits, on account of mix, volume and price.
Bu hikaye Financial Express Mumbai dergisinin October 20, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin October 20, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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