Nestle India Q1 Results 2024: Nestle India will announce its Q1 FY25 results on Thursday, July 25, 2024. The exact timing for its Q1 FY25 results has not been confirmed yet, but it is expected to follow a similar post-market close announcement schedule.
| Nestle India Q1 FY25 Results Date | July 25, 2024 |
| Nestle India Q1 FY25 Results Time | Not known |
Latest News on Nestle India
Nestle India Ltd., listed in the Food Processing & Packaging sector as a Largecap on the Bombay Stock Exchange (BSE), currently holds a market capitalization (mcap) of Rs 2.45 lakh crore. As of July 24, 2024, its share price closed at Rs 2,552, experiencing intraday fluctuations with a low of Rs 2,519 and a high of Rs 2,594.90. Over the past 52 weeks, the stock has ranged from Rs 2,145.28 to Rs 2,770.74.
In terms of recent performance, Nestle India recorded a decline of -1.1% in one day, a gain of 0.96% over the past month, and an increase of 1.96% in the last three months.
Nestle India Q1 Results: Where to Watch?
To stay updated on Nestle India’s Q1 results, here’s where you can find it:
Nestle India’s Official Website: The company typically publishes its quarterly results and related announcements in the “Investors” or “Investor Relations” section of their official website (www.nestle.in).
Stock Exchanges: Nestle India is listed on major stock exchanges like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Earnings releases are often disseminated through these platforms, including stock-specific announcements.
Financial News Websites: Websites, including FinancialExpress.com, will provide comprehensive coverage of corporate earnings, including detailed analyses and insights into Nestle India’s financial performance.
Social Media and News Aggregators: Following Nestle India’s official social media channels (like Twitter and LinkedIn) can provide immediate updates and links to announcements. News aggregators also curate and provide links to earnings-related news.
Investor Conferences and Calls: Nestle India may host investor conference calls or webcasts following the earnings release. Information about accessing these calls is typically available on their website or through financial news platforms.
Nestle India Q1 Results: How did the company perform in last quarter?
FMCG major Nestle India reported a robust performance for Q4 FY24 with a 27% increase in net profit to Rs 934.17 crore from Rs 736.64 crore in Q4 FY23. Revenue for the period grew by 9% to Rs 5,267.59 crore compared to Rs 4,830.53 crore last year. Sequentially, net profit rose by 42.4% to Rs 655.61 crore, and revenue increased by 14.5% to Rs 4,600.42 crore. The company reduced its CSR spending by 71% to Rs 4.06 crore.
Nestle India’s board proposed a final dividend of Rs 8.50 per equity share for the fiscal year.