Tata Coffee Touches 52-Week High On Jump In Net Profit

Nestle India has recorded a 15 per cent growth in its net profit for the third quarter of the 2021 financial year, as it stood at Rs 617 crore against Rs 538 crore recorded in the previous quarter.

It was however 5 per cent higher than Rs 587 crore net profit recorded in the corresponding period of last year.

The FMCG major follows a January to December financial year.

The company's revenues were also up by 12 per cent at Rs 3,882.6 crore for the September 2021 quarter, as against Rs 3,476.7 crore in June 2021 quarter. On a year on year basis, the revenue grew by 10 percent from Rs 3,541 crore of the corresponding period of last year.