Nestlé India announces Q4 & FY-02 Results

Nestlé India Ltd has posted a net profit of Rs 2015.20 million for the year ended December 31, 2002 (FY-02) as compared to a Net Profit of

Rs 1731.50 million in the previous year ended December 31, 2001 (FY-01). Total Income has increased from Rs 19372.30 million in FY-01 to Rs 20755.80 million in FY-02.

The Company has posted a net profit of Rs 376.70 million for the Quarter ended December 31, 2002 (DQ-02) as compared to a Net Profit of Rs 361.60 million in the Quarter ended December 31, 2001 (DQ-01). Total Income has increased from Rs 4756.10 million in DQ-01 to Rs 4907.80 million in DQ-02.

The Register of Members and Share Transfer Books of the Company will remain closed from April 24, 2003 to April 30, 2003, both days inclusive for the purpose of Annual Closing.