May 12, 2017 / 12:29 PM / 3 months ago

Nestle India posts 7 percent rise in March-qtr profit

A Nestle company logo is pictured on a bar of Milky Bar chocolate in Manchester, Britain April 25, 2017.Phil Noble/Files

REUTERS - Nestle India Ltd posted a near 7 percent rise in its March-quarter profit on Friday, helped by higher domestic sales.

Profit rose to 3.07 billion rupees ($47.75 million), compared with 2.87 billion rupees a year earlier, the Indian unit of packaged food giant Nestle SA said. (bit.ly/2qcMsEa)

Domestic sales rose about 10 percent to 24.09 billion rupees.

($1 = 64.2980 Indian rupees)

Reporting by Krishna V Kurup; Editing by Subhranshu Sahu

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below