Nestle India will announce its quarterly earnings on Thursday and the street is expecting a good set of numbers. The stock is just 10 percent away from its record high.
Here are the key things to watch out for:
The street is expecting a growth of around 12.8-13 percent on the topline, at about Rs 2,950 crore.
Margins are likely to expand because most of Nestle’s input basket or raw material has seen benign inflation.
EBITDA is likely to grow at 13.5 percent.
Net profit is likely to grow by 43 percent optically.
Domestic revenue is expected to grow between 11-12 percent while international revenue would be slightly subdued.
