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Nestlé India's profit jumped 46% on strong sales of Maggi and Nescafe, boosted by tax cuts and rising consumer spending.
Nestle India's third-quarter profit surged 46% year-on-year to 10.18 billion rupees, driven by strong demand for Maggi, Nescafe, and other brands following tax cuts and improved consumer spending.
Revenue rose 19% to 56.67 billion rupees, with growth across organized trade, e-commerce, and exports.
The company declared a Rs 7 interim dividend and saw its stock hit a 52-week high amid record sales and strategic investments.
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Las ganancias de Nestlé India aumentaron un 46% gracias a las fuertes ventas de Maggi y Nescafe, impulsadas por recortes de impuestos y el aumento del gasto del consumidor.