Nestlé India shares fall nearly 9% despite 36% profit growth as rising costs worry investors

Nestlé India shares fell nearly 9% despite a 36% profit rise to ₹1,027 crore and 20.3% revenue growth.
Operating profit rose 30.6% to ₹1,615 crore, with margins reaching 23.8%, meeting market expectations.
• Rising cocoa, sugar and edible oil costs raised concerns about future profits despite strong product demand.
High share valuations and worries over future growth triggered selling, despite strong rural and online sales.

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