|Particulars||Sep-20 Quarter||Growth (yoy)||Growth (qoq)|
|Key Ratios||Sep-20 Quarter||Sep-19 Quarter||Jun-20 Quarter|
|Net Profit Margin||16.58%||18.52%||15.95%|
Key takeaways from the Sep-20 quarter results
- The impact on the net profit was largely on account of the higher raw material costs during the quarter. The company has recovered after a temporary sales slowdown in the Jun-20 quarter and has now bettered the pre-COVID levels of sales.
- Nestle plans to consolidate on its double digit growth advantage in India by investing up to Rs2,600cr over the next four years to expand and deepen the market. Nestlé’s factories have returned to normal output in the Sep-20 quarter.
- During the quarter, the double digit growth in its key brands was driven by in-home consumption. The ecommerce channel for sales in India grew by 97% in Sep-20 quarter on a yoy basis and now accounts for 4% of total sales of Nestle.