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Nestle India’s profit grows 65.5% in December quarter

Nestle India’s profit grows 65.5% in December quarter - Dairy News 7X7

Nestle India posted a net profit of ₹628.06 crore in the fourth quarter ended December 31, up 65.50 per cent against ₹379.48 crore in the same period a year ago. The company’s sales were up 13.95 per cent to ₹4,233.27 crore in the quarter under review. The packaged food major, which follows the January-December period as […]

Heritage Foods: What lies ahead after a soft quarter?

Heritage Foods: What lies ahead after a soft quarter? - Dairy News 7X7

Highlights Higher raw milk prices impacted the performance Value-added products saw higher growth The March 23 quarter performance also likely to be impacted Investors with a longer-term view can add and accumulate on declines The December ’22 quarter results of Heritage Foods (HFL; CMP: Rs171) were below expectations. Companies in the dairy segment continued to remain impacted […]