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MC Pro Quick Take | Nestle India’s results highlight premium divide in FMCG results

Its sales grew on the back of price and mix, said the company management, implying volumes did not contribute much. That may have put it in the category of underperforming companies but its profitability tells a different story

February 07, 2024 / 15:48 IST
MC Pro Quick Take | Nestle India’s results highlight premium divide in FMCG results

Nestle India has been touted as one of the stocks best poised to ride on the premiumisation wave that’s been visible in India’s FMCG sector for several years now

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