Nestle India needs to up its game to justify premium valuations
Fri, Oct 18, 2024 10:32 AM

Nestle India needs to up its game to justify premium valuations

A Flip by Shubhangi Gupta
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The Indian arm of Nestle SA disappointed the Street with its subdued September quarter results. At a time when its flagship baby food brand Cerelac enters its 50th year in India, the company posted its slowest quarterly revenue growth in the past eight years. Against an expectation of around 5% revenue growth, Nestle India posted revenue growth of 1.3%.

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