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Nestle India on Thursday reported a net profit of ₹1,607 crore for the financial year ended December 31, 2018. The Swiss-based company had recorded net profit of ₹1,225 crore in the previous financial year.
Total sales for the entire year grew to ₹11,216 crore, as against ₹10,135 crore in the year-ago period.
“The Board has recommended a final dividend of ₹25.00 per equity share amounting to ₹2,410.4 million for the year 2018. The total dividend for 2018 aggregates to ₹115.00 per equity share which includes three interim dividends of ₹20.00 per equity share paid on 1 June 2018, ₹20.00 per equity share paid on 24 August 2018 and ₹ 50.00 per equity share paid on 21 December 2018,” the company said in a statement.
Total sales and domestic sales for the year increased by 10.7 per cent and 10.9 per cent respectively.
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