Thu, May 11, 2017
Abneesh Roy, Tanmay Sharma and Alok Shah analysts at Edelweiss Financial Services said, “Demonetisation led to impact of INR1bn during Q4CY16 and we beleive that impact will recede in Q1CY17 significantly. Owing to the Maggi issue in the base, Nestle will see better growth rate and we expect revenue growth of ~12% YoY in Q1CY17 on base of dip of 8.7% YoY."
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Wed, Feb 15, 2017
Rohit Chordia, Anand Shah and Abhas Gupta analysts at Kotak Institutional Equities in its report stated that they expect five fast moving consumer goods (FMCG) companies, including Nestle, to register positive growth in profit after tax (PAT).
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