FMCG major Nestle India Ltd on Wednesday reported a 4.38 per cent rise in its net profit to Rs 655.61 crore for the December quarter, on the back of consistent performance by its key brands.
The company, which owns brands such as Maggi, Kitkat and Nescafe, had posted a profit of Rs 628.06 crore in the same period a year ago.
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Nestle India’s net sales rose 8.27 per cent to Rs 4,583.63 crore from Rs 4,233.27 crore a year ago.
“All key brands and product groups have contributed to the consistent growth trajectory,” Nestle India said.
Total expenses rose 6.11 per cent to Rs 3,636.94 crore.
PTI
