Nestle India Q1 Results: Profit Rises 7% YoY to Rs 747 Crore, Misses Estimates |Nestle Stock Tumbles

Nestle India's Q1 results fell short of expectations with revenues at Rs. 4,813 crore (vs. expected Rs. 5,046 crore), PAT at Rs. 746.6 crore (vs. expected Rs. 803 crore), and EBITDA of Rs. 1,114 crore (vs. expected Rs. 1,193 crore). Margins stood at 23.15%, lower than the anticipated 23.7%. Factors included higher raw material costs impacting margins, despite growth in beverage and prepared dishes segments. Market response was negative with a 1.8% stock decline.
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