Nestle India Q3 preview: Sales to rise on price hikes; all eyes on margin trajectory outlook
Nestle India has been raising prices over the past few quarters to pass on the inflation in input costs. Wheat prices have risen more than 23% on year in the last quarter, while prices of milk powder have increased by 14%.Brokerage PhillipCapital has pencilled in 5% growth in volume for Nestle India against flat volumes posted in the June quarter.
