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.
Geojit Research Report
In Q3 CY21, Nestle India’s standalone revenue grew 9.6% YoY to Rs 3,883 crore, largely driven by domestic sales (~95% of revenue).
Domestic sales registered growth rate of 10.1% YoY due to improved volume and product mix. Key products posted double-digit growth on the back of improved distribution drive and increased penetration.
Ebitda rose 7.3% YoY, despite contraction in margins (-50bps YoY to 24.4%). PAT was up 5.2% YoY, impacted by higher interest and taxes.
Company’s strong portfolio of brands and well-spread distribution network will improve product penetration and continue to support performance.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR