Accelerating the Game in India; Building the Base for Another100 Years Nestle India recorded a YoY decline of 8.7% in its net profit from Rs. 1832 Mn inQ4CY15 to Rs. 1673 Mn for Q4CY16, hit by higher tax expense and demonetization that impacted its domestic sales. However, net sales of the company for Q4CY16 were up 16.7% to Rs. 22862 Mn as against Rs. 19595 Mn in the correspondingquarter last fiscal on a base impacted by Maggi noodles issue.