01-01-1970 12:00 AM | Source: Angel Broking Ltd
Quote On Nestle 4QFY21 By Yash Gupta, Angel Broking
Below are Quote On Nestle 4QFY21 By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Nestle India Limited reported revenue at 3640 crores up by 8% as compared to 3368 crores in Q4FY20, export revenue at 158 crores.
Company reported EBITDA margins of 25.7% which is better than the market expectation, EBITDA stood at 959.5 crores in Q4FY21 up by 14.8% as compared to 836.1 crores in Q4FY20.
Profit after tax for the quarter rose by 14.6% at ₹602.2 crores in Q4FY21 as compared to ₹525.4 crores in Q4FY20.
Company has announced an interim dividend of ₹25 per share.
Nestle India reported numbers in line with expectation, we expect some revenue dip in coming quarters as we are going through the 2nd wave of covid. We expect some cool off in margs in the next couple of quarters.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Views on LTIMindtree Ltd Q4FY24 Result by Dhruv Muda...
Rupee depreciates against US dollar on Thursday
FIIs sold equity worth Rs 25,853 crore in last seven...
Spices Board Takes Action in Response to Recall of I...
Will make India our global export hub: Hyundai Motor...
Mid-market comment by Mr Shrey Jain, Founder and CEO...
India`s Axis Bank re-appoints Amitabh Chaudhry as MD...
Former KPMG Partner, Jaideep Ghosh, joins Heartnet I...
Buy Jeera May @ 22500 SL 22200 TGT 23100-23400. NCDE...
Axis Bank shines on turning black in Q4
Top News
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification tech...
Tag News
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One
More News
Bajaj Finance Q3 FY21 First Take By Rajiv Mehta, Yes Securities
Quote on FPI: Stocks in which FPI holding is steadily rising are showing resilience even during market weakness Says Dr. V K Vi...
Views on Tata Consumer Products Ltd. Q4 FY24 results by Parth Shah, Research Analyst, StoxBox
Quote on FPI : FPIs have been consistent buyers only in capital goods Says Dr. V K Vijayakumar, Geojit Financial Services