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This Article is From Apr 24, 2025

Nestle India Board Approves Rs 10 Per Share Dividend; Check Record Date And Other Details

Nestle India Board Approves Rs 10 Per Share Dividend; Check Record Date And Other Details
Nestle's net profit fell to Rs 885.4 crore. (Photo source: Canva AI)

Nestle India Ltd. has announced a dividend of Rs 10 per share with payout record date set at July 24, following approval from its board of directors. This decision comes as the company reported its financial results for the fourth quarter ending March 2025, which showed a 5% decline in net profit, meeting analysts' estimates.

The company's net profit fell to Rs 885.4 crore, down from Rs 934 crore in the same period last year, primarily due to higher raw material inflation. Revenue from operations increased by 4.5% to Rs 5,503.8 crore, compared to Rs 5,268 crore a year ago, aligning closely with Bloomberg's estimate of Rs 5,495 crore.

Nestle India's Ebitda rose by 3% to Rs 1,388.9 crore, though Ebitda margins contracted slightly to 25.2% from 25.6%. The company continues to face input cost pressures, particularly in key raw materials like palm oil and coffee, which have remained elevated.

Its domestic sales grew by 4.3% year-on-year to Rs 52,349.8 crore, while export sales declined by 8.7% to Rs 2,126.6 crore.

Nestle India Share Price Today

Shares of Nestle India fell as much as 1.15% to Rs 2,405 shortly after the company released it fourth quarter results as of 11:53 a.m. This compares to a 0.26% decline in the NSE Nifty 50.

The stock has fallen 3.79% in the last 12 months. The relative strength index was at 67.

Out of 39 analysts tracking the company, 11 maintain a 'buy' rating, 19 recommend a 'hold' and nine suggest 'sell', according to Bloomberg data. The average 12-month analysts' consensus price target implies a downside of 1.8%.

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