FMCG major Nestle India Ltd reported an 8.25 percent rise in its net profit to Rs 668.34 crore for the third quarter that ended September 30. The company, which follows January-December financial year, had posted a net profit of Rs 617.37 crore a year ago, Nestle said in a BSE filing. Nestle India’s net sales rose 18.24 percent to Rs 4,591 crore during the period under review against Rs 3,882.57 crore in the corresponding period of the last fiscal, the company said.
Its total expenses in the July-September quarter increased 20.55 percent to Rs 3,715.40 crore from Rs 3,081.99 crore in the year-ago period.
Nestle India’s domestic sales rose 18.27 percent to Rs 4,361.15 crore compared to Rs 3,687.37 crore in the July-September quarter of 2021. Its exports surged 15.68 percent to Rs 205.45 crore against Rs 177.60 crore a year ago.