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Nestle India Misses Street Estimates
Financial Express Hyderabad
|July 25, 2025
Nestle India reported lower-than-expected profit for the first quarter of FY26 on Thursday due to rising commodity prices and higher operating expenses.
The company's earnings missed analyst estimates despite revenue growth, with margins narrowing due to increased input and finance costs.
Consolidated net profit for the quarter ending June fell 13.4% to ₹647 crore from ₹747 crore a year ago. It was below analysts' estimate of ₹802 crore. Revenue rose 6% year-on-year to ₹5,096 crore, slightly below Bloomberg's estimate of ₹5,035 crore.
The growth was driven by a 5.5% increase in domestic sales, which rose to ₹4,860 crore from ₹4,608 crore in the same quarter last year. Export sales also saw an uptick, climbing to ₹214 crore from ₹184 crore, reflecting a 16% year-on-year rise.
यह कहानी Financial Express Hyderabad के July 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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