INSUBCONTINENT EXCLUSIVE:
Nestle India's domestic and export sales registered a double-digit growth in the quarterShare price of Nestle India edged lower by around
one per cent on Thursday, July 29, a day after the FMCG major announced its April-June quarter results for the financial year 2021-22
On Thursday, Nestle India opened on the BSE at Rs 17,967, inching to an intra day high of Rs 18,155.90 and an intra day low of Rs 17,796.25,
throughout the trading session
quarter last year, marking a growth of 11 per cent year-on-year.The net profit of the manufacturer of popular noodle brand Maggi declined
10.5 per cent, compared to the profit of Rs 602 crore reported in the preceding January-March quarter of the financial year 2020-21
last fiscal, marking a growth of 14 per cent year-on-year.During the June quarter, Nestle India's total sales stood at Rs 3,462 crore,
The company's domestic sales increased 13.7 per cent during the quarter
double-digit growth, according to a regulatory filing by the firm to the stock exchanges.The company's board also gave in-principle
the business conditions.On the NSE, Nestle India opened at Rs 17,950, inching to an intra day high of Rs 18,200 and an intra day low of Rs
17,780, throughout the session today
It settled 0.40 per cent lower at Rs 17,950 on the NSE.On Thursday, shares of Nestle India settled 0.55 per cent lower at Rs 17,914.35
