Key highlights Quarterly results ahead of street expectations Double-digit growth in sales driven both by volumes and mix. EBITDA margin affected by lower gross margin and higher employee cost Nestle India's (CMP: Rs. 17,457, Market cap: Rs.1,68,316 crore) Q1 CY20 quarterly earnings exceeded expectations, with double-digit sales growth. With this, the company has delivered seven quarters of uninterrupted double-digit domestic sales growth. (image) Key positive Domestic sales grew by 11 percent YoY and 6 percent QoQ aided by strong performance in key products - MAGGI,...
Moneycontrol Pro Panorama | Move over bulls, bears are in control
May 19, 2022 / 05:32 PM IST
In today’s edition of Moneycontrol Pro Panorama: Congress faces an acid test, Manappuram Finance’s losing sheen, ITC plays to its advantage, Start-up Street and more
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