Nestle India Q4 Results Preview: Profit can rise nearly 50% YoY; margins to contract
Nomura expects Nestle to report mid-to-high single-digit year-on-year volume growth at 8%, while Nestle’s revenue growth is seen in high teens. The brokerage pegged the revenue figure to be Rs 4,394 crore, higher by 17% and EBITDA is likely to grow 5% to Rs 920 crore for the fourth quarter. Gross margins are expected to shrink by 320 basis points while EBITDA margins are seen contracting by 245 basis points
