Profit up 5.2%, earnings up 9.6% Nestle India Q2- Profits up 5.2 percent, earnings up 9.6 percent

Nestle India has released the results for the second quarter of the financial year 2021-22 today. In the second quarter, the company’s profit grew by 5.2 per cent year-on-year to Rs 617.4 crore. Significantly, in the second quarter of last year, the company’s profit stood at Rs 587.1 crore. While the company’s profit during this period was estimated at Rs 625 crore.

In the second quarter, the company’s income grew by 9.6 per cent year-on-year to Rs 3,882.6 crore. Whereas it was estimated to be Rs 3,860 crore. Let us inform that in the second quarter of the last financial year, the company’s income was Rs 3,541.7 crore.

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Nestle India’s EBITDA stood at Rs 948 crore in the second quarter. However, it was estimated to be at Rs 935 crore. Let us inform that in the second quarter of the last financial year, the company’s EBITDA stood at Rs 883.5 crore.

Nestle India’s EBITDA margin stood at 24.4 per cent in the second quarter of the financial year 2021-22, as against the expected 24.2 per cent. Let us inform that in the second quarter of the last financial year, the company’s EBITDA margin was 25 percent. The company’s domestic sales growth in the second quarter stood at 10.1 per cent year-on-year.

Today, the stock has closed at Rs 19,438.45, up by Rs 113 from the previous closing. This stock has given 26 per cent return in the last one year. Whereas so far this financial year it has given 5.7% return. At the same time, it has given a return of 10.1 percent in the last three months and -3.7 percent in the last one month.

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