Nestle will be reporting its Q2 earnings today. The Nestle Global Sales indicated that the India business grew in mid-single digits on account of decent momentum seen in Maggi, Nescafe, and KitKat.
According to the CNBC-TV18 poll, revenue growth is expected to come at around 6.5 percent, which is close to Rs 3,400 crore. EBITDA however might grow a tad higher on account of lower skimmed milk prices and lower ad spends. So the EBITDA growth is expected will be around 10 percent at Rs 830 crore.Watch this video for more details