Nestle India, the Indian arm of Swiss food giant Nestle, reported a higher-than-expected quarterly profit on Thursday, driven by higher product prices and strong demand for packaged food items. The company’s net profit for the three months ended March 31 surged to 9.34 billion rupees ($112.03 million), compared to 7.37 billion rupees a year earlier. Analysts had projected a profit of 8.71 billion rupees. Revenue from operations also increased to 52.68 billion rupees from 48.31 billion rupees a year ago.