Stock Report

Nestle India Ltd posts net profit of Rs. 736.64 crores in Q1 CY2023

Posted On : 2023-04-25 11:01:53( TIMEZONE : IST )

Nestle India Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q1 CY2023) - QoQ Comparison

The company has reported total income of Rs. 4864.22 crores during the period ended March 31, 2023 as compared to Rs. 4286.34 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 736.64 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 628.06 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 76.40 for the period ended March 31, 2023 as compared to Rs. 65.14 for the period ended December 31, 2022.

Financials	Q1 CY2023	Q4 CY2022	% Change
Total Income	₹4864.22 crs	₹4286.34 crs	13.48%
Net Profit	₹736.64 crs	₹628.06 crs	17.29%
EPS	₹76.40	₹65.14	17.29%

Financial Results (Q1 CY2023) - YoY Comparison

The company has reported total income of Rs.4864.22 crores during the period ended March 31, 2023 as compared to Rs.4014.08 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.736.64 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.590.77 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.76.40 for the period ended March 31, 2023 as compared to Rs.61.27 for the period ended March 31, 2022.

Financials	Q1 CY2023	Q1 CY2022	% Change
Total Income	₹4864.22 crs	₹4014.08 crs	21.18%
Net Profit	₹736.64 crs	₹590.77 crs	24.69%
EPS	₹76.40	₹61.27	24.69%

Shares of Nestle India Limited was last trading in BSE at Rs. 20665.45 as compared to the previous close of Rs. 20482.35. The total number of shares traded during the day was 1368 in over 666 trades.

The stock hit an intraday high of Rs. 20706.00 and intraday low of 20403.95. The net turnover during the day was Rs. 28127198.00.