Nestlé India has posted a 19% leap in second-quarter profits, the company announced today (31 July).
Nestlé India, the wholly-owned subsidiary of the Swiss food giant, saw net profit reach INR956.9m (US$23.8m) for the three months to the end of June.
Net sales reached INR8.4bn, up from INR6.9bn a year earlier, Nestlé India told the Bombay Stock Exchange.
Meanwhile, the company said Pradip Baijal has been appointed as non-executive director.

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