Nestle India Q1CY23 Quarter Results

Nestle India reported 21% YoY revenue growth in Q1CY23
  • 25 Apr 2023
  • Nestle India reported 13% quarter-on-quarter (QoQ) growth in its consolidated revenues for the calendar year quarter ended March 2023 (Q1CY23). On a year-on-year (YoY) basis, it witnessed a growth of 21%.
  • Its expenses for the quarter were up by 13% QoQ and 21% YoY.
  • While the net profit increased by 17% QoQ, it was up by 25% on a YoY basis.
  • The earnings per share (EPS) of Nestle India stood at 76.4 during Q1CY23.

Nestle India Financial Statements for Q1CY23:

(Rs, crores)

Q1CY22

Q4CY22

Q1CY23

QoQ (%)

YoY (%)

Total Income

4,014

4,286

4,864

13%

21%

Total Expenses

3,212

3,427

3,874

13%

21%

Profit before tax

802

859

990

15%

23%

Tax

212

231

254

10%

20%

Profit after tax

591

628

737

17%

25%

Earnings per share

61.3

65.1

76.4

(Rs, crores) Q1CY22 Q4CY22 Q1CY23 QoQ (%) YoY (%)
Total Income4,0144,2864,86413%21%
Total Expenses3,2123,4273,87413%21%
Profit before tax80285999015%23%
Tax21223125410%20%
Profit after tax59162873717%25%
Earnings per share61.365.176.4

Data Source: BSE, Company announcements

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