NESTLE INDIA STOCK IN FOCUS AFTER COMPANY REPORTED STRONG Q1 RESULTS

FMCG major $NESTLEIND has reported a net profit of Rs 975 crore for the first quarter of FY27, registering a 48% growth compared with Rs 660 crore in the same quarter last year. The company’s revenue from operations for the quarter stood at Rs 6,378 crore, marking a 25% year-on-year (YoY) increase from Rs 5,096 crore. Having a market cap of Rs 2,86,051 crore, the company has a strong ROCE and ROE of 84% and 73% respectively. It has also been maintaining a healthy dividend payout of 74.3% thereby making it a strong investment for regular dividend income.