Nestle's Q1 net surges 37% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Nestle's Q1 net surges 37%

Apr 25, 2000

Nestle India's net profit recorded 37% growth to Rs 281 million in Q1'2000,led by 16% value and 40% volume growth in the exports sales. over the corresponding previous quarter (Rs 205 million). Lower growth in the sales was due to flat domestic sales which is a reflection of price cuts in the coffee business in addition to the adjustment of stocks in the market pipeline.Decline in raw material cost of coffee accompanied by change in the policy of stock valuation enabled the company to increase its operating profit margins to 14.7%. Stringent working capital control enabled the company in reducing its interest cost by 50% to Rs 38 million in Q1' 2000 compared to Rs 76 million over the corresponding previous quarter.

In the current year Nestle has launched UHT milk and extended the launch of Munch chocolate to other cities.A wider product portfolio coupled with revival of exports to Russia is expected to improve Nestle's profit growth quarter over quarter. Although the company has plan to enter the mineral water market by making an investment of Rs 1 billion nothing has been specified by the company in this area.

(Rs m) 1QFY00 1QFY01 Change
Sales 3401 3480 2.3%
Other Income 15 28 86.7%
Expenditure 2981 2967 -0.5%
Operating Profit (EBDIT) 420 513 22.1%
Operating Profit Margin (%) 12.3% 14.7%  
Interest 76 38 -50.0%
Depreciation 78 92 17.9%
Profit before Tax 281 411 46.3%
Other Adjustments 2 10 400.0%
Tax 74 120 62.2%
Profit after Tax/(Loss) 205 281 37.1%
Net profit margin (%) 6.0% 8.1%  
Earnings per share 2.1 3  
(annualised)      


Equitymaster requests your view! Post a comment on "Nestle's Q1 net surges 37%". Click here!

  

More Views on News

NESTLE Announces Quarterly Results (1QFY21); Net Profit Up 11.1% (Quarterly Result Update)

Jul 30, 2020 | Updated on Jul 30, 2020

For the quarter ended June 2020, NESTLE has posted a net profit of Rs 5 bn (up 11.1% YoY). Sales on the other hand came in at Rs 31 bn (up 1.7% YoY). Read on for a complete analysis of NESTLE's quarterly results.

NESTLE Announces Quarterly Results (3QFY20); Net Profit Up 38.4% (Quarterly Result Update)

Feb 14, 2020 | Updated on Feb 14, 2020

For the quarter ended December 2019, NESTLE has posted a net profit of Rs 5 bn (up 38.4% YoY). Sales on the other hand came in at Rs 31 bn (up 8.7% YoY). Read on for a complete analysis of NESTLE's quarterly results.

NESTLE 2017-18 Annual Report Analysis (Annual Result Update)

Mar 25, 2019 | Updated on Mar 25, 2019

Here's an analysis of the annual report of NESTLE for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of NESTLE. Also includes updates on the valuation of NESTLE.

NESTLE 2016-17 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

Here's an analysis of the annual report of NESTLE for 2016-17. It includes a full income statement, balance sheet and cash flow analysis of NESTLE. Also includes updates on the valuation of NESTLE.

More Views on News

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

Why am I Recommending Caution? (Fast Profits Daily)

Sep 9, 2020

This is why I have changed my short-term view on the market.

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

NESTLE SHARE PRICE


Sep 18, 2020 (Close)

TRACK NESTLE

COMPARE NESTLE WITH

MARKET STATS