India, Oct. 16 -- Nestle India Ltd. clocked record sales in the second quarter of the ongoing fiscal, on improving urban demand for its Maggi noodles to Nescafe coffee.

Standalone net profit of the Swiss confectionery maker in India fell 23.63% year-on-year to Rs.753.20 crore on the back of revenue that increased 10.57% to Rs.5,643.61 crore in the three months ended 30 September, according to an exchange filing on Thursday. Analysts polled by Bloomberg had estimated the topline at Rs.5,350 crore and the bottomline at Rs.762 crore.

The company had an exceptional gain of Rs.91 crore during the quarter due to the slump sale of two business units. Therefore, profit before exceptional item and tax rose 0.75% to Rs.1,028.52 crore.

Nestle Ind...