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Anish Rai

6 hours ago · SEBI Registration INH000026460

Nestlé India Q2 Results: Net Profit Rises 36%, Shares Slide

NESTLEIND
reported robust financial performance for the quarter, with standalone net profit registering strong year-on-year growth. However, the company's shares declined during afternoon trading despite the positive earnings figures. 📈 Net Profit Growth: Standalone net profit climbed 36.2% year-on-year to ₹1,026.8 crore. 💰 Revenue Performance: Revenue from operations advanced 20.3% to ₹6,788.3 crore, reflecting healthy business growth. 📦 Operating Performance: Strong volume expansion supported the quarterly performance, while the EBITDA margin stood at 23.8%. 📉 Share Price Movement: Despite the improvement in earnings, Nestlé India shares dropped 6.7% to ₹1,291 during afternoon trading. 📌 Market Perspective: The stock's decline despite strong results suggests that market expectations, investor sentiment and potential profit-booking may have influenced its performance. Disclaimer: Investment in securities markets is subject to market risks. Read all related documents carefully before investing.

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