Nestle India registers 7% fall in Q1 net profit

Nestle India has reported results for first quarter ended March 31, 2014. The company has posted a fall of 7.14% in its net profit at Rs 259.16 crore for the quarter ended March 31, 2014 as compared to Rs 279.09 crore for the same quarter in the previous year. However, total income of the company has increased by 3.71% at Rs 2352.44 crore for quarter under review as compared to Rs 2268.08 crore for the quarter ended March 31, 2013 Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.