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Home>misses

Tag: misses

October 19, 2024October 19, 2024/ team

Nestle India Ltd. Q2FY25 Result First Cut – Revenue misses street estimates

– The company recorded a revenue (up 1.3% YoY / up 6% QoQ), missing street estimates, due to muted consumer demand. – The company earned an EBITDA (down 4.7% YoY / up 4.8% QoQ), in line with street estimates, due to higher advertising cost and high commodity prices especially for coffee and cocoa. The EBITDA …

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