Nestle India Q1 Results — Maggi maker reports 1% volume growth; Stock falls on earnings miss – CNBCTV18

Nestle India recently reported its first quarter results, revealing a 1% increase in volume. The company, known for its popular product Maggi, experienced a decline in its stock value due to missing earnings expectations. Investors were disappointed by the earnings miss, leading to a fall in the stock price. Despite the slight growth in volume, the market reacted negatively to the overall performance of the company in the first quarter. The results highlight the challenges faced by Nestle India in meeting market expectations and maintaining growth in a competitive environment.