Latest Stock Market News

Nestle beats first-quarter organic sales estimates

Updated at : 2025-04-24 13:20:01

Rate this item

(1 Vote)

Nestle saw a rise in sales. The company s first-quarter organic sales grew more than expected. This is because the price of Kit-Kat and Nescafe increased. CEO Laurent Freixe says the company is maintaining its 2025 outlook. Nestle expects organic sales growth to improve. The company estimates a profit margin at or above 16%.

Nokia s first-quarter profit significantly missed market expectations, reporting 156 million euros against an expected 243.83 million euros. The company anticipates a 20-30 million euro hit to its second-quarter profit due to U.S. tariffs, potentially impacting its growing North American sales. Despite this, Nokia confirmed its full-year outlook and announced a strategic 5G partnership extension with T-Mobile.

Rate this item

(1 Vote)

BNP Paribas reported first-quarter earnings aligning with expectations, propelled by robust sales in its investment banking division. Despite a 4.9% year-on-year dip in group net income to 2.95 billion euros, attributed to the re-inclusion of its Ukrainian operation, the bank s core divisions demonstrated growth.

HUL Q4 Results: Revenue from operations grew 2.4% year-on-year to ₹15,214 crore, up from ₹14,857 crore in the corresponding quarter last year. EBITDA edged up to ₹3,466 crore from ₹3,435 crore, though the EBITDA margin slipped by 30 basis points to 23.1%.

Rate this item

(1 Vote)

Hyundai Motor s first-quarter operating profit increased by 2%, aligning with analysts expectations. The rise was driven by accelerated customer purchases in anticipation of U.S. tariffs and a favorable exchange rate due to a weak South Korean won. The company reported an operating profit of 3.6 trillion won for the period.

​So, even though India is less affected from an export point of view because exports are a smaller share of the economy compared to other parts of Asia, in particular Southeast Asia, India is still caught up and we are seeing slightly weaker growth projections expected for this year.

Maruti Suzuki India is projected to reveal Q4FY25 revenue growth between 4% and 10%, driven by volume increases and price adjustments. However, profitability might face challenges due to rising costs. Brokerages have mixed outlooks on net profit, with some anticipating slight growth while others foresee a marginal decline, influenced by factors like input costs and product mix.

Nestle India Q4 Results: While announcing its quarterly numbers, Nestle also handed out a final dividend of Rs 10 for FY25.

Rate this item

(1 Vote)

Reliance Jio is poised to announce strong Q4FY25 results, with brokerages projecting a 19-25% YoY net profit increase, potentially reaching ₹6,677 crore. Revenue is expected to grow by 15-17% YoY, driven by subscriber additions and ARPU growth. While estimates vary among firms like Axis Securities, ICICI Securities, Morgan Stanley, and Nomura, all anticipate positive performance.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.