Nestle Q1 Preview: Revenue likely to rise 12-15% YoY on price hikes; volume growth to be muted

Nestle India is expected to have double-digit revenue growth between January to March 2022, however, it is anticipated that price hikes will be the main contributor, whilst the underlying volume growth remains slow at 3%. Despite the positive figures, gross and EBITDA margins are expected to fall due to a rise of inflation on essential input prices compared to the previous year. Analysts have predicted the company’s revenue growth at 14.5% with an EBITDA margin of 22.8%. Nestle India will report its Q1 results on April 25.