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.
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