InvestorQ : Is Nestle India also seeing a recovery in demand and lower costs?
Crowny Pinto made post

Is Nestle India also seeing a recovery in demand and lower costs?

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3 weeks ago
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Nestle India has been witnessing early signs of softening of commodity prices and pick up in rural demand. Costs are down in edible oil and packaging materials. Net profits fell 4.3% but revenues were up 16.1% yoy on pricing power. Apart from Nestle India, even Hindustan Unilever and ITC reported reduced inflation pressure.

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