Nestle India Q2CY23 Quarter Results
Nestle India reported 15% YoY revenue growth in Q2CY23.
- 27 Jul 2023
- Nestle India reported 4% quarter-on-quarter (QoQ) decline in its consolidated revenues for the calendar year quarter ended June 2023 (Q2CY23). On a year-on-year (YoY) basis, it witnessed a growth of 15%.
- Its expenses for the quarter were down by 3% QoQ and up by 11% YoY.
- While the net profit decreased by 5% QoQ, it was up by 37% on a YoY basis. The earnings per share (EPS) of Nestle India stood at 72.4 during Q2CY23.
Nestle India Financial Statements for Q2CY23:
| Rs, crores) | Q2CY22 | Q1CY23 | Q2CY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4,065 | 4,864 | 4,682 | -4% | 15% |
Total Expenses | 3,370 | 3,874 | 3,743 | -3% | 11% |
Profit before tax | 695 | 990 | 939 | -5% | 35% |
Tax | 185 | 254 | 241 | -5% | 30% |
Profit after tax | 510 | 737 | 698 | -5% | 37% |
Earnings per share | 52.9 | 76.4 | 72.4 |
Data Source: BSE, Company announcements
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