Nestle India released its fourth quarter results for FY25 on Thursday wherein it posted profit for the period at Rs 873.46 crore, missing estimates. This was down 6.50 per cent in comparison to Rs 934.17 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 5503.88 crore, posting a growth of 4.49 per cent as against Rs 5267.59 crore reported during the fourth quarter of previous financial year. While the total income recorded during the quarter stood at Rs 5512.32 crore, total expenditure incurred in Q4FY25 came in at Rs 4307.76 crore.
According to a CNBC TV18 poll, Nestle India was expected to post Q4 profit at Rs 892 crore and revenue for the quarter was estimated at Rs 5540 crore.
Nestle India reported a growth of 3.7 per cent in total sales and 4.2 per cent in domestic sales for the quarter. “Domestic sales growth was broad based. Domestic sales crossed Rs 5,235 crore, the highest ever, surpassing that of January- March 2024 quarter,” it said.
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Suresh Narayanan, Chairman and Managing Director, Nestlé India, said, “I am pleased to report that this quarter we witnessed double-digit growth in Beverages and Confectionery, with 3 out of 4 product groups delivering healthy growth. Our domestic sales crossed Rs 5,235 crore mark, the highest ever in any quarter supported by improving volume growth.”
In terms of commodity outlook, Nestle India said that the commodity prices continue to be firm for coffee. Further, it maintained that cocoa prices have corrected but continue to be high. Prices continue to remain stable for edible oils. Milk prices have cyclically firmed up with the onset of summers.
Dividend announcement
The board of directors of Nestle India recommended a final dividend of Rs 10 per equity share of the face value of Re 1 each for the financial year 2024-25 on the entire issued, subscribed and paid-up share capital of the company of 964,157,160 equity shares of face value of Re 1.
Nestle India Q4 performance across business verticals
During the financial year, Powdered and Liquid Beverages was the largest growth contributor, it said, with high double-digit growth.
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