Saturday, 13 May 2017

Nestle India posts 7 percent rise in March-quarter profit

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Nestle India Ltd posted a near 7 percent rise in its March-quarter profit on Friday, helped by higher domestic sales. Profit rose to 3.07 billion rupees ($47.75 million), compared with 2.87 billion rupees a year earlier, the Indian unit of packaged food giant Nestle. Domestic sales rose about 10 percent to 24.09 billion rupees.

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