Nestle India Q1 net up 1% at Rs 279 cr
New Delhi: FMCG major Nestle India Monday posted 1.21 percent increase in its consolidated net profit at Rs 279.09 crore for the first quarter ended March 31, 2013.
The company had posted a net profit of Rs 275.73 crore during the same period of previous year, Nestle India said in a statement.
Net sales of the company rose to Rs 2,248.08 crore for the first quarter, compared to Rs 2,047.45 crore in the same period of previous year.
The company follows January-December financial year.
Shares of Nestle India were trading at Rs 4,853.85 on the BSE in late afternoon trade, down 1.12 percent from its previous close.