Nestle India on Thursday reported a net profit of Rs 934.17 crore for the quarter ending on March 31 in financial year 2023-24 (Q4FY24). This is up 26.8 per cent from Rs 736.64 crore reported during the same period last year (Q4FY23).
Total income for the fast-moving consumer goods (FMCG) company came in at Rs 5,294.34 crore for Q4, compared to Rs 4,864.22 crore reported during the same period last year.
The board of director have recommended a final dividend of Rs 8.50 per equity share for the 15 month financial years ended on March 31, 2024.
Nestle India shares were trading at Rs 2,533.20 on BSE at 1:00 PM following the company’s Q4FY24 financial results.
First Published: Apr 25 2024 | 1:18 PM IST