Food and beverage company Nestle is set to report its first-quarter results on Friday. The stock is about 4 percent away from its record-high, being one of the most expensive ones in the FMCG pack.

Here's what is expected from the company today:

Total income is likely to grow at about 10 percent, at Rs 2,968 crore.

EBITDA is expected to be at around Rs 711 crore.

A margin compression of close to 50 basis points to 60 basis points, which means the net profit will grow at around Rs 445 crore.

The key things to watch out for would be its India business. The India business accounts for almost 95 percent of its revenues, which is expected to grow at 8-10 percent.

Exports are likely to grow at 0 to 2 percent.

Higher wheat and milk prices will impact gross margins.