Tuesday 12 May 2020

Nestle India slips 5% after Q1 profit margin contracts YoY

In Q1CY20, the gross margins declined more-than-expected by 220 bps YoY to 56.3 per cent due to higher commodity costs, particularly milk and its derivatives.

from Markets https://ift.tt/2LqcJdm

No comments:

Post a Comment

Goldprice dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,900

The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 from Markets https://ift.tt/rpZGNwM