Sakshi Batra does a 3 point analysis of the Q4 fineprint.
Nestlé India’s quarterly sales met estimates on the back of higher volume growth and new launches. The company follows calendar year as its financial year so its earnings were for the fourth quarter.
Both topline and bottomline recorded an increase over last year. Higher expenses on marketing and promotions however has hit margins.Sakshi Batra does a 3 point analysis of the Q4 fineprint.