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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