Stock Report

Nestle India Ltd Q3CY23 PAT rises to Rs. 908.08 crores

Posted On : 2023-10-20 17:07:05( TIMEZONE : IST )

Nestle India Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q3 CY2023) - QoQ Comparison

The company has reported total income of Rs. 5070.09 crores during the period ended September 30, 2023 as compared to Rs. 4682.48 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 908.08 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 698.34 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 94.18 for the period ended September 30, 2023 as compared to Rs. 72.43 for the period ended June 30, 2023.

Financials	Q3 CY2023	Q2 CY2023	% Change
Total Income	₹ 5070.09 crs	₹4682.48 crs	8.28%
Net Profit	₹908.08 crs	₹698.34 crs	30.03%
EPS	₹94.18	₹72.43	30.03%

Financial Results (Q3 CY2023) - YoY Comparison

The company has reported total income of Rs. 5070.09 crores during the period ended September 30, 2023 as compared to Rs.4632.48 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.908.08 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.661.46 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.94.18 for the period ended September 30, 2023 as compared to Rs.68.61 for the period ended September 30, 2022.

Financials	Q3 CY2023	Q3 CY2022	% Change
Total Income	₹ 5070.09 crs	₹4632.48 crs	9.45%
Net Profit	₹908.08 crs	₹661.46 crs	37.28%
EPS	₹94.18	₹68.61	37.27%

Financial Results (9 Months Ended CY2023) - YoY Comparison

The company has reported total income of Rs.14616.79 crores during the 9 Months period ended September 30, 2023 as compared to Rs.12711.62 crores during the 9 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2343.06 crores for the 9 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1762.47 crores for the 9 Months period ended September 30, 2022.

The company has reported EPS of Rs.243.02 for the 9 Months period ended September 30, 2023 as compared to Rs.182.80 for the 9 Months period ended September 30, 2022.

Financials	9 Months Ended CY2023	9 Months Ended CY2022	% Change
Total Income	₹14616.79 crs	₹12711.62 crs	14.99%
Net Profit	₹2343.06 crs	₹1762.47 crs	32.94%
EPS	₹243.02	₹182.80	32.94%

Shares of Nestle India Limited was last trading in BSE at Rs. 24122.00 as compared to the previous close of Rs. 23269.65. The total number of shares traded during the day was 8661 in over 3594 trades.

The stock hit an intraday high of Rs. 24228.75 and intraday low of 23100.00. The net turnover during the day was Rs. 205479190.00.