Nestle India Q1 results: FMCG major witnesses fall in profit; announces Rs 25 per share dividend
Nestlé India reported a net profit of Rs 595 crore in the quarter ended March, 2022. This is a fall of 1.25% on year-on-year basis when compared to Rs 602.25 crore in the same quarter last year.
Our key brands continue to perform well with Maggi Noodles, KitKat, Nestlé Munch, Nescafé Classic and Sunrise posting creditable double-digit growth in this quarter," said Suresh Narayanan, Chairman and Managing Director, Nestlé India.