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Nestle Q2 earnings: Here’s what to expect

Updated : October 23, 2020 06:30 AM IST

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.

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