Nestle India flags food and commodity inflation after 36% profit surge

Nestle India says rising food inflation and commodity costs are a reality, after reporting a 36% profit jump in Q2 results. Investors reportedly sold shares despite the results beating estimates.

Timeline

1. 15 Oct, 10:40 UTCFirst appeared on Google Trends
2. 15 Oct, 10:40 UTCReuters reports 36% profit surge and inflation warning
3. 15 Oct, 10:40 UTCNestle India confirms food inflation is a reality

Top sources

• bharat resultGoogle Trends
• Nestlé India says rising inflation, particularly food inflation, is a realityThe Economic Times
• Video | Nestle India Q2 Results Beat Estimates, But Investors Sell: What's Behind The Fall?NDTV