Nestle India Revenue Increases 15% To Rs 602 Crore In January-March Quarter

INSUBCONTINENT EXCLUSIVE:
Nestle India's revenue from operations in the March quarter stood at Rs 3,611 croreManufacturer of popular noodle brand Maggi - Nestle
Rs 525 crore during the same period last year
According to a regulatory filing by the firm to the BSE, Nestle India reported double-digit domestic growth in the quarter ending March 2021
at 10.2 per cent, while the overall sales grew by 8.9 per cent to Rs 3,600 crore
impacted by the COVID-19 pandemic
The e-commerce channel delivered robust performance and grew by 66 per cent, contributing almost 3.8 per cent to domestic sales.According to
pandemic rages on, the quarter gone by has been another test of resilience of my team and our partners
I feel incredibly privileged to lead a team who faced with serious challenges, persevered regardless, to deliver double digit growth over a
Tuesday, shares of Nestle India settled 0.02 per cent lower at Rs 17,086.25 on the BSE.