Nestle India’s Q3 results are anticipated to show steady revenue growth. Strong domestic sales are expected to drive this performance. However, rising input costs may impact profitability. Analysts predict a modest year-on-year profit increase. The company’s focus remains on volume expansion and innovation for long-term growth. Investors will monitor commentary on commodity prices.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.