Nestle raises number of female employees as part of gender diversity efforts businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
: Tuesday, April 20, 2021, 10:05 PM IST
Nestle profit rises 14.6% to Rs 602.25 cr in Jan-Mar, sales up 8.9% to Rs 3,600 cr
According to the company, Growth broad-based and largely driven by volume and mix as key products boosted by in-home consumption and posted double-digit growth
Nestle India Q3 net profit down 1.37% to Rs 587 crore
FMCG major Nestle India Ltd on Tuesday reported a 14.62 per cent rise in its net profit to Rs 602.25 crore for the quarter ended in March 2021 driven by increase in sales volume of its key products.
The company, which follows January-December financial year, had posted a profit of Rs 525.43 crore in the same period a year ago.
The Indian packaged food market is expected to be double and grow up to USD 70 billion in the next 5-10 years, led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestl India Chairman and Managing Director Suresh Narayanan on Friday. The company is also waiting for the government s production-linked incentive (PLI) scheme for the food processing sector, which would be a good step for the industry that has the best ratio of capital investment and employment generation. I am a firm believer of the consumption story of this country, said Narayanan while addressing a virtual media roundtable.
BW Businessworld
Indian Packaged Food Market To Be Double In 5-10 Years To USD 70 Bn: Nestle India CMD The market today is worth USD 35 billion and we are expecting it to go to USD 70 billion, said Narayanan while adding that because of the pandemic, there could be some delay in that but cannot be denied also .
Photo Credit :
The Indian packaged food market is expected to be double and grow up to USD 70 billion in the next 5-10 years, led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestlé India Chairman and Managing Director Suresh Narayanan on Friday.
New Delhi, Feb 16 : Nestle India on Tuesday reported a 2.25 per cent increase in its net profit for the quarter ended December, on a year-on-year (YoY)