Nestlé India Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 04:01 pm EDT
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Nestlé India Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was INR 50,700.9 million compared to INR 46,324.8 million a year ago. Net income was INR 9,080.8 million compared to INR 6,614.6 million a year ago. Basic earnings per share from continuing operations was INR 9.418 compared to INR 6.861 a year ago.
For the nine months, revenue was INR 146,167.9 million compared to INR 127,116.2 million a year ago. Net income was INR 23,430.6 million compared to INR 17,624.7 million a year ago. Basic earnings per share from continuing operations was INR 24.302 compared to INR 18.28 a year ago.
Nestle India Limited is an India-based company that is engaged in the food business. The Company's product categories include milk products and nutrition, prepared dishes and cooking aids, powdered and liquid beverages, and confectionery. Its milk and nutrition products include dairy whitener, condensed milk, ultra heat treatment milk, yoghurt, maternal and infant formula, baby foods, and health care nutrition. Its dishes and cooking aid products include noodles, sauces, seasonings, pasta, cereals and pet food. Its powdered and liquid beverages include instant coffee, instant tea and ready to drink beverages. The Company's confectionery products include bar count lines, tablets and sugar confectionery. The Company's brands include NESCAFE, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID, GERBER and NESTEA. Its coffee products include NESCAFE Classic, NESCAFE Sunrise and NESCAFE GOLD. Its pet food portfolio includes PURINA Friskies and PURINA Fancy Feast in the dry and wet cat food range.
NESTLÉ INDIA LIMITED 
