“When you look into the investment in this country and the investment plan through 2025, we are talking about Rs 5,000 crore and that compares to Rs 8,000 crore over the last 60 years when we started manufacturing in this country,” - Global CEO Mark Schneider
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**Q2FY22-23 or Q3CY22 Results **
Declared Second Interim Dividend of Rs. 120/- for the year 2022 and will be paid on and from 16th November 2022
Well said. Even Nestle SA has announced an investment of 5000 crores in next 5 years for Indian entity. Now it seems Nestle India has made there mark by grabbing market share and as usual Indian consumption story is intact.
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Presentation
Earnings Call with Analysts/ Institutional Investors – 16th February 2023
Transcript
Nestle eyes $1 billion deal for ‘Ching’s Secret’ owner Capital Foods in India.
Capital Foods makes the Ching’s Secret brand of spicy noodles and fusion chutneys infused with so-called “desi Chinese” flavors. It also sells Smith & Jones cooking pastes and masala mixes.
Source - Nestle eyes $1 billion deal for ‘Ching’s Secret’ owner Capital Foods in India
Results
NESTLE INDIA Q4FY23 SL
NET PROFIT 740 CR VS 594 CR (YOY); EST 675 CR | 628 CR (QOQ)
EBITDA 1095 CR VS 920 CR (YOY); EST 1028 CR
BEAT EST
BEAT YOY
BEAT QOQ
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Q1FY2023-24 RESULTS
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Q2CY2023-24 RESULTS
Media Release
Financials
https://www.bseindia.com/xml-data/corpfiling/AttachLive/744057d1-5e1c-4e43-baca-895c7788dd33.pdf
Hello All,
Nestle India will consider giving dividend and will likely to have a stock spilt on Oct 19.
3 Likes
Investor friendliness being shown i think
Also gerber is something that came up in one of the discussion on news channel with a big fund manger out of india. Premium product for childrens.
Q3CY2023 Financial Results
Nestle India Analyst & Investors Meet 2023
Presentation
https://www.bseindia.com/xml-data/corpfiling/AttachLive/e48bae9f-fa72-4f7d-900f-687c082effb4.pdf
Transcript
Financial
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Q3 FY2023-24 Quarterly Results
Financials
https://www.bseindia.com/xml-data/corpfiling/AttachLive/b14a8591-9dd4-4734-8df0-8ce5a00a4b90.pdf
Profits would have been up 15% (adjusted for an exceptional item for 107 cr) and revenue is up close to 9%. This is good performance considering lean patch for FMCG companies in general.
