Nestle India Q3 Preview: Profit may rise 5-11% on strong demand

Phillip Capital expects Nestle India to report 11.2 per cent YoY rise in net profit Rs 652.60 crore for the third quarter compared with Rs 587.10 crore in the year-ago quarter. Sales are seen rising 12.9 per cent YoY to Rs 3,981.10 crore from Rs 3,525.40 crore. Ebitda margin may fall 26 basis points YoY to 24.8 per cent from 25.1 per cent.