Nestle India Q1CY23 Quarter Results
Nestle India reported 21% YoY revenue growth in Q1CY23
- 25 Apr 2023
- Nestle India reported 13% quarter-on-quarter (QoQ) growth in its consolidated revenues for the calendar year quarter ended March 2023 (Q1CY23). On a year-on-year (YoY) basis, it witnessed a growth of 21%.
- Its expenses for the quarter were up by 13% QoQ and 21% YoY.
- While the net profit increased by 17% QoQ, it was up by 25% on a YoY basis.
- The earnings per share (EPS) of Nestle India stood at 76.4 during Q1CY23.
Nestle India Financial Statements for Q1CY23:
(Rs, crores) | Q1CY22 | Q4CY22 | Q1CY23 | QoQ (%) | YoY (%) |
Total Income | 4,014 | 4,286 | 4,864 | 13% | 21% |
Total Expenses | 3,212 | 3,427 | 3,874 | 13% | 21% |
Profit before tax | 802 | 859 | 990 | 15% | 23% |
Tax | 212 | 231 | 254 | 10% | 20% |
Profit after tax | 591 | 628 | 737 | 17% | 25% |
Earnings per share | 61.3 | 65.1 | 76.4 |
Data Source: BSE, Company announcements
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