Nestlé India’s net profit for Q2 FY25 dropped slightly to ₹899 crore from ₹908 crore a year ago. Revenue increased by 1.3% to ₹5,104 crore, compared to ₹5,037 crore in the same period last year.
The company faced high commodity prices, particularly in coffee and cocoa, impacting key brands. Despite this, five of the top 12 brands posted double-digit growth, and 65% of top brands, including MAGGI noodles, saw positive volume growth over the past nine months.
At 12:10 PM on October 17, shares were down 1.8%, trading at ₹2,418.1.
Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com
Source: Moneycontrol
News Desk
