By IANS,
Mumbai : Food products major Nestle India Thursday reported a 33.8 percent increase in net profit to Rs.162 crore for the quarter ended June 30 as compared to Rs.121 crore in the like period last fiscal.
The total income surged 16.8 percent to Rs.1,218 crore from Rs.1,042 crore, the company said in a regulatory statement.
The company’s net sales increased 16.8 percent.
The domestic sales increased 19.7 percent on account of both volumes and realisations, while exports dipped 13.5 percent on account of lower exports to Russia and Bangladesh.
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