Net profit of Nestle India Ltd. rose in the third quarter of fiscal 2025, meeting analysts' estimates.
The maker of Maggi instant noodles and KitKat chocolates posed a 4.9% year-on-year rise in net profit to Rs 688 crore in the three months ended Dec. 31, 2024, according to an exchange filing on Friday. That compares with the Rs 682-crore consensus estimate of analysts tracked by Bloomberg.
Nestle India Q3 Results Highlights (Consolidated, YoY):
Revenue up 3.9% at Rs 4,780 crore versus Rs 4,600 crore (Bloomberg estimates: 4,738 crore).
Ebitda down 1% at Rs 1,085 crore versus Rs 1,095 crore (Bloomberg estimates: 1,066 crore).
Ebitda margin contracts 110 bps at 22.7% versus 23.8% (Bloomberg estimates: 22.5%).
Net profit up 4.9% at Rs 688 crore versus Rs 656 crore (Bloomberg estimates: 682 crore).
(This is a developing story).
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