{"id":3084,"date":"2024-07-25T06:11:42","date_gmt":"2024-07-25T06:11:42","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3084"},"modified":"2024-07-25T07:07:52","modified_gmt":"2024-07-25T07:07:52","slug":"nestle-india-q1-results-net-profit-rises-7-to-%e2%82%b9747-crore-shares-decline","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/nestle-india-q1-results-net-profit-rises-7-to-%e2%82%b9747-crore-shares-decline\/","title":{"rendered":"Nestle India Q1 Results Net Profit Rises 7% to \u20b9747 Crore; Shares Decline"},"content":{"rendered":"\n<p>Nestle India reported a 6.9% year-on-year increase in net profit for the first quarter of fiscal year 2025, reaching \u20b9746.6 crore compared to \u20b9698.3 crore in the same period last year. This figure fell short of market expectations, as a Moneycontrol poll of eight brokerages had projected a net profit of \u20b9798 crore.<\/p>\n\n\n\n<p>The FMCG giant&#8217;s revenue from operations for the April-June quarter grew to \u20b94,814 crore, up 3.3% from \u20b94,659 crore a year ago but below the estimated \u20b95,060 crore.<\/p>\n\n\n\n<p>On July 8, Nestle India&#8217;s Board of Directors declared an interim dividend of \u20b92.75 per share for FY25, totalling \u20b9265.14 crores. This dividend is set to be paid on August 6, alongside a final dividend of \u20b98.5 per share for the financial year ended March 31, 2024.<\/p>\n\n\n\n<p>Following the announcement, Nestle India&#8217;s shares fell, trading at \u20b92,518, down 1% from the previous close.<\/p>\n\n\n\n<p><em>Do you have a news tip for Lakshmishree reporters? Please email us at\u00a0media<\/em>@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/nestle-india-q1-result-net-profit-rises-7-on-year-to-rs-747-crore-misses-estimate-12777811.html#google_vignette\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/nestle-india-q1-result-net-profit-rises-7-on-year-to-rs-747-crore-misses-estimate-12777811.html#google_vignette\" target=\"_blank\" rel=\"noopener\">MoneyControl<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nestle India reported a 6.9% year-on-year increase in net profit for the first quarter of fiscal year 2025, reaching \u20b9746.6 crore compared to \u20b9698.3 crore in the same period last year. This figure fell short of market expectations, as a Moneycontrol poll of eight brokerages had projected a net profit of \u20b9798 crore. The FMCG [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[136],"class_list":["post-3084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-nestle-india-q1-result"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=3084"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3084\/revisions"}],"predecessor-version":[{"id":3091,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3084\/revisions\/3091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/3085"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=3084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=3084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=3084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}