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Maggi instant noodles maker woos D-Street with 66% jump in quarterly net profit, Rs 75 dividend
Thu, Feb 16, 2023
Nestle India beat analysts' estimates with a year-on-year jump of 65.7 per cent in net profit for the quarter ended December 2022, sending strong signals to Dalal Street. Nestle shares ended stronger by Rs 316.3 or 1.6 per cent at Rs 19,562.1 after the earnings announcement.
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Perfect recipe! 2-minute Maggi fires-up Nestle to record high during lockdown; this is how much it sold
Fri, Jun 05, 2020
People have had to change their lifestyle in many ways during lockdown to adjust themselves inside the confines of their homes. However, that did not adversely affect Nestle.
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Maggi compliant with latest FSSAI norms, no ash added: Nestle
Mon, Dec 04, 2017
District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.
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