New Delhi: The net profit of Nestle India Limited for the first quarter of the current financial year (Q1YFY24) stood at Rs 698.34 crore, 
compared to Rs 510.24 crore for the corresponding quarter of the previous year, up 36.8 per cent, the company said in a BSE filing.

Sequentially, the net profit was down 5.1 per cent. In Q4FY23, the net profit of the company was Rs 736.64 crore.

The revenue from operations for Q1FY24 came in at Rs 4,658.53 crore, compared to Rs 4,045.69 crore year-on-year (YoY). 
This is a rise of 15.1 per cent.

On a quarter-on-quarter (QoQ) basis, the revenue for operations was down 3.56 per cent. It was Rs 4,830.53 crore in Q4FY23.

Key brands continued to perform well, led by Kitkat, Nescafe, and maggi, among others.

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