Nestle India has posted a net profit of ₹1184.7 crore in 2014 up from ₹1117.1 crore in 2013. Net sales for the full year 2014 grew by 8.2 per cent to ₹9806.3 crore. The company follows the January-December period as its full financial year.
The company said while net domestic sales grew by 8.6 per cent due to better realisations, export sales grew by 2.9 per cent and were impacted due to lower coffee exports to Russia.
“The board has recommended a final dividend of ₹12.50 per equity share for 2014,” it said in the statement, adding that the total dividend aggregates to ₹63.