Sunday, November 18, 2012

Nestle India Q3 net profit up 2% to Rs 267 cr

The leading nutrition, health and wellness company Nestle India  's net profit rose 2.3 percent to Rs 267.3 crore in the second quarter of current financial year from Rs 261.2 crore in a year ago period.

Net sales increased 7.7 percent to Rs 2,115 crore from Rs 1,963 crore during the same period.

The stock fell 1 percent to close at Rs 4815.45 amid large volumes on the Bombay Stock Exchange. (Results came in after market hours)

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