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Nestle India’s Net Profit Slides in Q4

Nestle India (NESTLEIND, BOM:500790) said its net profit fell to 3.87 billion Indian rupees ($51.6 million) in the fourth quarter from 4.83 billion rupees a year ago.

Earnings per share for the three months dropped to 40.10 rupees from 50.12 rupees a year earlier.

Revenue from operations of the food and beverage company climbed year on year to 37.39 billion rupees from 34.33 billion rupees, according to a Thursday filing.

The board declared a final dividend of 65 rupees per share of face value of 10 rupees apiece for the financial year.

12:38Feb 17, 2022MT Newswires

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