'For quarter ending Sept 2024, standalone net sales (including other operating income) of Nestle India has increased 1.33% to Rs 5,104.00 crore compared to quarter ended Sept 2023. Operating profit margin has declined from 24.32% to 22.88%, leading to 4.66% decline in operating profit to Rs 1,167.73 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 39.42% to 40.34%. Purchase of finished goods cost rose from 2.09% to 2.10%. Employee cost decreased from 10.64% to 9.99%. Other expenses rose from 22.67% to 24.31%.
Other income fell 79.38% to Rs 6.86 crore. PBIDT fell 6.64% to Rs 1174.59 crore. Provision for interest up 2.68% to Rs 32.22 crore. Loan funds remained nil.
PBDT fell 6.88% to Rs 1142.37 crore. Provision for depreciation rose 9.39% to Rs 121.6 crore.
Profit before tax down 8.50% to Rs 1,020...
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