Nestle India Ltd
28 Mar 2024 12:00 AM
Nestle India announces cessation of director,
Nestle India announced the retirement of Dr Swati Ajay Piramal (DIN: 00067125) as an Independent Non-Executive Director of the Company on 31 March 2024 upon completion of her second term of five consecutive years.Powered by Capital Market - Live News
Nestle India Ltd
27 Mar 2024 12:00 AM
Nestle India schedules board meeting,
Nestle India will hold a meeting of the Board of Directors of the Company on 25 April 2024.Powered by Capital Market - Live News
Nestle India Ltd
07 Feb 2024 12:00 AM
Board of Nestle India approves sale of NBS division to Purina PetCare India,
The Board of Nestle India at its meeting held on 07 February 2024 has approved the slump sale of Nestl� Business Services (`NBS`) Division of the Company to Purina PetCare India, which is a related party, being a 100% subsidiary of Nestl� S.A., for an aggregate consideration of Rs 79.8 crore. The said consideration is at an arm`s length basis and would be adjusted for net working capital transferred by the Company as on 30th June 2024. The transaction will be effective from 1 July 2024, subject to customary closing conditions.. Powered by Capital Market - Live News
Nestle India Ltd
07 Feb 2024 12:00 AM
Nestle India standalone net profit rises 4.39% in the December 2023 quarter,
Net profit of Nestle India rose 4.39% to Rs 655.61 crore in the quarter ended December 2023 as against Rs 628.06 crore during the previous quarter ended December 2022. Sales rose 8.28% to Rs 4583.63 crore in the quarter ended December 2023 as against Rs 4233.27 crore during the previous quarter ended December 2022.For the full year,net profit rose 25.44% to Rs 2998.67 crore in the year ended December 2023 as against Rs 2390.52 crore during the previous year ended December 2022. Sales rose 13.29% to Rs 19021.05 crore in the year ended December 2023 as against Rs 16789.53 crore during the previous year ended December 2022. ParticularsQuarter EndedYear Ended�Dec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var. Sales4583.634233.27 8 19021.0516789.53 13 OPM %23.8922.98 -23.5122.11 - PBDT1102.47957.73 15 4472.913658.98 22 PBT993.78859.07 16 4044.003255.97 24 NP655.61628.06 4 2998.672390.52 25 Powered by Capital Market - Live News
Nestle India Ltd
07 Feb 2024 12:00 AM
Board of Nestle India recommends 3rd interim dividend,
Nestle India announced that the Board of Directors of the Company at its meeting held on 7 February 2024, inter alia, have recommended the 3rd interim dividend of Rs 7 per equity Share (i.e. 700%) , subject to the approval of the shareholders.Powered by Capital Market - Live News
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