BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Nestle India Ltd. hosted an Analysts meet on February 26, 2021 where it presented a holistic view on the performance delivered in CY20 and the company’s business strategy going ahead. Following are the key highlights from the meet -
In CY20, net revenue grew by 7.9%, led by domestic volume growth of 5.7%. Nearly two-thirds of the company’s key products delivered double-digit growth on the back of higher at-home consumption.
Demand for out-of-home categories, which were affected due to the pandemic-led lockdown, continues to progressively improve, but hasn’t completely recovered yet.
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