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Nestle India's Revenue Crosses $1 Billion

Nestle India's Revenue Crosses $1 Billion

Nestle India announced that it had crossed $1 billion  in revenue in 2017, and that the company’s net profit grew 22.3 percent. For the quarter ended December 31, 2017, total sales grew 10.9 percent and the company posted a 60% greater net profit compared to the corresponding quarter of the previous fiscal.

Suresh Narayanan, chairman and managing director, Nestle India, said, “It is extremely pleasing that we ended year 2017 on a strong note  in revenue, in a year where we had to adapt to significant changes in the external environment,” refering toe new goods and services tax.

For Valentine’s Day, the company  introduced a new two finger Kit Kat Strawberry Duo — a combination of chocolate and strawberry — priced at 15 cents.

Valentine Day Kit Kat

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