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Nestle India Q2 net profit jumps 50% to Rs 395 crore

Nestle India Q2 profit jumps 50% to Rs. 395 cr.

FMCG major Nestle India reported a 50% jump in net profit to Rs. 395 crore for the second quarter ended June 30, helped by lower expenses. The company, which follows January-December financial year, had posted a net profit of Rs. 263.43 crore for the April-June quarter of 2017.

Total income during the quarter stood at Rs. 2,758.63 crore. It was Rs. 2,525.96 crore in April-June 2017.PTI

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