Overview

• Revenue rose 10.6% year-on-year to ₹5,643.6 crore, topping Bloomberg’s ₹5,350 crore estimate.
• Standalone net profit declined about 23.7% to roughly ₹753 crore as EBITDA margin contracted to 21.9% despite a 6% rise in EBITDA to ₹1,237 crore.
• Domestic sales reached an all-time high of ₹5,411 crore, with three of four product groups posting strong volume growth.
• The quarter included a ₹91 crore exceptional gain from the slump sale of two units, which modestly lifted profit before tax.
• On the same day, global parent Nestle S.A. announced plans to cut 16,000 jobs worldwide over the next two years.