Nestle India, a subsidiary of Nestlé S.A. of Switzerland, has reported a 49.87% increase in net profits at Rs 93.61 crore for the quarter ended December 31,2007 when compared with Rs 62.46 crore for the quarter ended December 31,2006.
Total income increased to Rs 905.30 crore from Rs 743.59 crore for the quarter under review, a growth of 21.74%.
The company posted a 31.32% increase in net profit for the year ended December 31, 2007 at Rs 413.81 crore as against Rs 315.10 crore for the year ended December 31, 2006. Total income increased 24.43% from Rs 2,836.67 crore for the year ended December 31, 2006 to Rs 3,529.79 crore for the year ended December 31, 2007.
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