loader2
Login Open ICICI 3-in-1 Account
Open ICICI 3-in-1 Account

Nestle India Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Nestle India Ltd. 16 Oct 2025 12:22 PM
Result PDF

Q2FY26 Quarterly Result Announced for Nestle India Ltd.

Packaged Foods company Nestle India announced Q2FY26 results

  • Total Sales of Rs 5,630.2 crore.
  • Total Sales Growth at 10.9% Domestic Sales Growth at 10.8%.
  • EBITDA at 22.0% of Sales.
  • Profit After Tax of Rs 753.2 crore.
  • Earnings Per Share (EPS) of Rs 3.90 EPS in the same period of last year, was Rs 3.88 after excluding the significant positive impact of business divestitures income of Rs 290.8 crore, disclosed as exceptional item in that period.

Manish Tiwary, Chairman & Managing Director, Nestle India, said: “I am happy to report that domestic sales grew at a double-digit rate, led by volume growth. Three out of four product groups delivered strong volume led double-digit growth. Our domestic sales reached Rs 5,411 crore, the highest ever recorded in any quarter. I would like to thank our employees for their commitment and resolve.

The recent amendments in the Goods and Services Tax (GST) rates announced by the Government of India is a positive step for consumers. It is expected to stimulate consumption, drive affordability and contribute to the overall growth of the FMCG sector and the economy. We have been working closely with our partners, distributors, wholesalers, and retailers, to pass on the benefits of the revised GST rates, across our product groups to our consumers.

The Confectionery product group grew at a strong double-digit rate, driven by significant underlying volume growth. KITKAT was the largest growth driver and continued to gain market share. India remains the second largest KITKAT market for Nestle worldwide. The numeric distribution expansion of KITKAT, particularly in rural areas, contributed to this growth. MUNCH and MILKYBAR also grew at high double-digit rates.

The Powdered and Liquid Beverages product group delivered another quarter of high doubledigit growth. NESCAFE continued to lead the coffee category, gaining market share and increasing household penetration.

The Prepared Dishes and Cooking Aids product group registered a strong double-digit value growth on the back of accelerated volume growth. MAGGI Noodles delivered a double-digit volume growth, while Masala-ae-Magic continued its strong run.

The Milk Products and Nutrition product group had mixed performance, with certain segments showing growth while others exhibited muted performance. Nonetheless, we are encouraged by the improving underlying trends in some segments.

The Pet Food business reported high double-digit growth, achieving its highest turnover since its integration into the Nestle India business. The PURINA FRISKIES cat food brand launched two new variants: Meaty Grills and Indoor Delights.

Nestle Professional, the Out-of-Home (OOH) business, displayed strong double-digit growth. This reflects the business’s dedication to evolve its portfolio into a comprehensive solution provider for operator needs within the Food & Beverage sector. India is the fastest growing market for the Nestle OOH business in the Zone and now ranks as the second largest in size in Zone Asia, Oceania and Africa.

To serve our consumers we have an omni-channel approach, ensuring that our brands are available at locations and channels that are most convenient for consumers. E-Commerce continued to maintain its growth momentum, supported by festive unlocks, thematic interventions, and new product launches such as the KITKAT Delights Range and MAGGI Double Masala. This momentum was further strengthened by a sharpened focus on ensuring availability and strategic partnerships with key platforms specifically in e-commerce.

I am pleased to inform you that the addition of the new MAGGI Noodles production line at the Sanand Factory in Gujarat, demonstrates our commitment to manufacturing in India.

As we navigate a rapidly changing world that is both complex and exciting, we remain firmly focused on our consumers by continuing to deliver high-quality products. Our penetration-led volume growth strategy ensures that we are present across diverse geographies and platforms, making our products accessible to consumers wherever they are. This commitment to understanding consumer needs drives us to be future-ready, enabling us to convert challenges into opportunities with speed and agility, as we embark on our transformation journey.

To support this vision, we will invest in growth by accelerating our investments in brands and manufacturing capacity, bringing forth innovations that are bolder, bigger, and better. In all our endeavors, we will remain ‘Fast, Focused, Flexible,’ adapting to market dynamics as they evolve.

Alongside my determined, hardworking, and passionate team at Nestle India, I express our utmost gratitude to our consumers, partners, shareholders, and the esteemed Board for their trust. I look forward to collaborating with all of you as we work towards our shared values and ambitions. Having completed my first quarter at the helm of Nestle India, I seek your blessings on this important journey as we build a future that reflects our collective vision.”

Result PDF

Result PDF

Packaged Foods company Nestle India announced Q1FY26 results

  • Total Sales of Rs 5,074.0 crore.
  • Total Sales Growth at 5.9 %. Domestic Sales Growth at 5.5%.
  • EBITDA at 21.7% of Sales.
  • Net Profit of Rs 659.2 crore.
  • Earnings Per Share of Rs 6.84.

Suresh Narayanan, Chairman and Managing Director, Nestle India said: “I am pleased to inform you that we have delivered a balanced growth in three out of our four product group categories. Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages and Confectionery have bounced back to volume-led growth. Seven out of twelve top brands grew at double-digit. I would like to extend my gratitude to the resilience and resolve of our employees, the commitment of our sales force, the relentless efforts of our distributors and retailers and the trust of our consumers and shareholders.

The quarter was impacted by elevated consumption prices across the commodity portfolio. In addition, we witnessed higher operations costs as a result of significant expansion in manufacturing in the last seven to eight months. Moreover, borrowing from commercial banks to fund temporary operational cash-flow requirements resulted in higher finance costs in the quarter. However, we have noticed stabilizing prices for edible oil and cocoa, a declining trend in coffee and stabilizing to modest increase in pricing of milk.

The Powdered and Liquid Beverages category sustained its position as one of the largest growth drivers with another robust performance this quarter registering strong double-digit growth. This performance builds on a strong foundation following high double-digit growth in the corresponding quarter. NESCAFE further solidified its leadership in the coffee category by gaining additional market share. The brand continued to democratize coffee through affordable packs, while also expanding the premium segment with NESCAFE Gold and NESCAFE Roastery. NESCAFE RTD continued to demonstrate strong growth.

The Prepared Dishes and Cooking Aids category swung back to volume growth, recording double-digit growth for MAGGI noodles. Masala-Ae-Magic continued to demonstrate strong performance at a double-digit rate.

The Confectionery category saw high double-digit growth, driven by robust underlying volume growth. KITKAT emerged as the largest growth driver, achieving double-digit growth, particularly in RUrban markets, while continuing to gain market share. MUNCH regained momentum with double-digit growth, and MILKYBAR too posted high double-digit growth. We take pride in Confectionery having brands that are more digitally connected and distributed within our portfolio.

Milk Products and Nutrition category had mixed growth performance with certain segments showing growth, while a few had muted performance. Nonetheless, we are encouraged by improving underlying trends in some segments.

Nestle Breakfast Cereals business reported high double-digit growth. Business acceleration was led by the recent launch of MUNCH CHOCO Fills cereals.

The Pet Food business witnessed a strong performance, primarily driven by the Cat portfolio. Purina Felix and Purina Friskies reported robust growth. We strengthened our route to market and infrastructure in major cities, resulting in increased coverage of the business. I am delighted to inform you that we launched a ‘Staff Pet Feeding Policy’. This initiative was complemented by ‘pawternity leave’—a two-day leave for employees to take care of their pets.

E-commerce has maintained its growth momentum, contributing to 12.5% of domestic sales, driven by Quick Commerce and new launches.

Nestle India's Out-of-Home business consistently grew at double-digit rates, making it the fastest-growing business across Beverages and Foods portfolio. I am pleased to inform you that Nestle Professional also achieved a landmark milestone with 1,000 Retail One kiosks operational across India through our flagship NESCAFE Corners, MAGGI Hotspots and KITKAT Break Zones.

Significant rise in demand over recent quarters has led to growth in urban markets. RUrban markets too have demonstrated positive growth, signalling a favourable shift in market dynamics and contributing to overall market resilience.

Over the past ten financial years, Nestle India has achieved remarkable progress, with our revenue growing at a CAGR of 10.3%. During this period, profits from operations as a percentage to sales increased by 500 basis points, profit after tax soared by 490%, and sales rose by 150%. Our market capitalization grew 3.9 times, and we achieved a Total Shareholder Return (TSR) CAGR of 17%. These accomplishments would not have been possible without your faith and commitment.

As I conclude my tenure as the Chairman and Managing Director of Nestle India, I extend my heartfelt thanks to our partners, distributors, retailers and suppliers for their collaboration and support. The esteemed Board of Directors for their guidance, trust and wisdom, in both good and more stressful times. Finally, my gratitude to the heartbeat of our company, our employees whose integrity, dignity and determination have been instrumental in making things happen. All this would not have been possible without our consumers, I remain indebted to them for their loyalty and love for our brands.

I am confident that Nestle India will continue to thrive and soar new heights - moving forward with greater focus and readiness for the future, fostering an inclusive and compassionate environment where every voice is valued. With much gratitude, it has truly been an honour and privilege to serve you. I carry with me cherished memories of the decade gone by.

I take this opportunity to extend my best wishes to Mr Manish Tiwary as he takes on the role of Chairman and Managing Director of Nestle India from 1st August 2025.”

Result PDF

Packaged Foods company Nestle India announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue from Operations: Rs 55,038.8 million compared to Rs 52,675.9 million during Q4FY24.
  • Profit Before Tax: Rs 11,921.4 million compared to Rs 12,505.8 million during Q4FY24.
  • Profit After Tax: Rs 8,734.6 million compared to Rs 9,341.7 million during Q4FY24.

FY25 Financial Highlights:

  • Total Sales of Rs 20,077.5 crore.
  • Profit from Operations at 21.5% of Sales.
  • Net Profit of Rs 3,314.5 crore.
  • Robust Cash Generated from Operations at Rs 2,936.3 crore.
  • Earnings Per Share of Rs 34.38 Final Dividend recommended Rs 10.00 per equity share.
  • Contribution to the exchequer of Rs 5,504.7 crore.

Suresh Narayanan, Chairman and Managing Director, Nestle India, said: “I am pleased to report that this quarter we witnessed double-digit growthin Beverages and Confectionery, with 3 out of 4 product groups delivering healthy growth. Our domestic sales crossed Rs 5,235 crore mark, the highest ever in any quarter supported by improving volume growth. My heartfelt appreciation to my colleagues in our offices, factories and salesforce for their resolve and abiding teamwork in navigating external challenges.

During the financial year ended 31st March 2025, Powdered and Liquid Beverages was the largest growth contributor, with high double-digit growth. NESCAFe strengthened its leadership position by gaining market share and bringing more than 5.1 million households into the coffee category. NESCAFe Ready-to-Drink cold coffee range, one of the fastest growing segments globally, expanded its new range to India this year. Driven by cold coffee consumption among Gen Z and Millennials, it is creating entirely new coffee-drinking occasions.

Confectionery grew at a high single-digit pace both in value and volume driven by KITKAT. India is the second largest market for the brand globally. Prepared Dishes and Cooking Aids posted mid-single-digit growth with MAGGI returning to volume growth and MAGGI Masala-Ae-Magic consistently demonstrating good growth. India continued to be the largest market worldwide for MAGGI.

Milk Products and Nutrition was backed by launches. By reinforcing our commitment to offer nutritious choices to consumers through meaningful innovations, we achieved our ambition of introducing new CERELAC variants with no refined sugar. CEREGROW variant with no refined sugar too was launched this financial year and the early response is encouraging.

The Petcare business reported high double-digit growth – the highest ever, since its integration into the Nestle India business. PURINA FELIX and FRISKIES cat food brands achieved high growth. PURINA PRO PLAN dog food continued to be well-received by pet owners.

Out-of-Home (OOH) business delivered strong double-digit growth and is emerging as one of our fastest growing businesses. I am delighted to announce the OOH business has forayed into the ‘cocoa-based spreads category’ with the launch of KITKAT® Professional Spread that can be used by chefs to incorporate KITKAT’s signature taste and texture in hot and cold dessert.

I am happy to share that the opening of NESPRESSO’s first boutique in India in New Delhi last month, has resonated exceptionally well with coffee connoisseurs.

Penetration, premiumization and innovation combined with disciplined resource allocation have been key in driving growth. Since 2015 we have recalibrated and re-energised our product portfolio, by launching over 150 new products contributing 7% of sales.

To serve our consumers we have an omni-channel approach, and this implies that our brands are available at locations and channels that are most convenient for consumers. One such channel is e-commerce, which continued in its growth trajectory, propelled by the rapid expansion of Quick Commerce, contributing to 8.5% of domestic sales, in this financial year ended 31st March 2025.

I am pleased to share that we remain committed in our RUrban journey. We have strengthened our route to market through a comprehensive RUrban strategy focused on five key pillars: Infrastructure, Product Portfolio, Visibility, Consumer Connect, and Technology. Our RUrban distribution touchpoints have increased to 27,730. We are present in approximately 208,500 villages. RUrban smart stores and HAAT activities in village markets have been enhanced and use and interventions with technology accelerated.

We are investing approximately Rs 6,500 crore between 2020 and 2025 to develop new capabilities and capacity. This not only demonstrates the strong demand for our products but also our commitment to manufacture in India and 'Make in India'., The Odisha factory, our 10th citadel of growth, is being set up with an initial investment of approximately Rs 900 crore, in its first phase, to manufacture products from our foods (Prepared Dishes and Cooking Aids) portfolio.

The spectre of climate change is rapidly intensifying, demanding swift action. We have increased our reliance on renewable energy, implemented sustainable logistics practices, minimized waste. We continue to promote circular economy and have transitioned to sustainable packaging. Our supply chain resilience is being strengthened. Through regenerative agricultural practices greenhouse gas emissions are being reduced. We work closely with farmers and suppliers to source raw materials responsibly. One noteworthy endeavor in environmental sustainability is our proprietary technology called ‘Zer'Eau’ in Moga and Samalkha factories. Here water extracted from milk is recycled to reduce groundwater consumption every year by around 20%.

In line with our commitment to society, we have positively impacted the lives of over 16 million beneficiaries through initiatives that align with the UN's Sustainable Development Goals. These include rural development, education, nutrition awareness, environmental initiatives, livelihood enhancement, feeding support programs, and water and sanitation improvements.

Commitment and collaboration are key pillars of our business. I would like to express my gratitude to our partners, suppliers, retailers and distributors for their trust and faith.

Result PDF

Packaged Foods company Nestle India announced Q3FY25 results

  • Total Sales of Rs 4762.1 crore.
  • Total Sales Growth at 3.9%. Domestic Sales Growth at 3.3%.
  • Profit from Operations at 20.3% of Sales.
  • Net Profit of Rs 696.1 crore.
  • Earnings Per Share of Rs 7.22.

Suresh Narayanan, Chairman and Managing Director of Nestle India said: “This quarter 3 out of 4 product groups delivered healthy growth led by a combination of pricing and volume. Key brands continue to perform and this augurs well in a challenging environment.

Our powdered and liquid beverages business was the largest growth contributor this quarter, with high double-digit growth. Beverages retail achieved a significant milestone by surpassing Rs 2,000 crore business in the last twelve months, spearheaded by NESCAFE CLASSIC, NESCAFE SUNRISE, and NESCAFE GOLD. With this stellar performance, NESCAFE strengthened its leadership position by gaining market share and bringing 3.7 million households into the coffee category. I would like to thank our 5,000 coffee farmers in Karnataka, Kerala, and Tamil Nadu for their dedication and hard work in growing high-quality coffee beans that goes into making the perfect cup of coffee. I would like to express my gratitude to my colleagues at Nanjangud Factory, as well as those in the commercial organization and our partners, for their diligence and commitment to manufacturing and marketing NESCAFE and making it available to our valued consumers.

The distribution reach of Nestle India has also been enhanced in the last twelve months amongst Food & Beverage companies, wherein we have had one of the most impressive expansion of outlets by almost 5% according to Nielsen report. The RUrban strategy continues to enhance our footprint. This is an essential element of the ‘penetration led growth’ strategy and has resulted in maximum contribution to the expansion of our distribution reach.

Our manufacturing capacity will witness a significant jump with the commissioning of the third Confectionery unit in Sanand factory to manufacture KITKAT towards fulfilling our ambition of Rs 5,800 crore capital expenditure between 2020-2025.

Earlier in 2024, we had announced that our super premium coffee portfolio NESPRESSO with its coffee capsules, machines, accessories and recipes will soon be available in India. I am pleased to inform you NESPRESSO website https://www.nespresso.com/in/en/ went live and has received encouraging response from consumers, coffee aficionados and coffee connoisseurs in India. The first NESPRESSO boutique will open soon in Delhi, unlocking new coffee experiences for consumers. Further expansions are planned across other major cities.

I am happy to inform you that confectionery recorded high single-digit growth with KITKAT delivering double-digit growth and building on new product launches. Prepared Dishes and Cooking Aids posted high single-digit growth led by MAGGI noodles, which returned to credible volume growth and Masala-ae-Magic which has had a strong, consistent performance on growth.

In the nutrition business, products for toddlers’ milk and specific nutritional needs continued to deliver strong performance.

The Petcare business witnessed highest growth this quarter since its integration into the Nestle India business in 2022. Particularly noteworthy is the performance with ‘Felix’, a premium cat food brand.

I am pleased to inform you that the Nestle Health Science joint venture with Dr. Reddy’s Laboratories Ltd has integrated well and has seen good synergies in its business operations. It is reassuring and of significance that there is a unique convergence of relevance and resonance with consumer needs. We have seen strong growth in the overall portfolio of brands, and this augurs well for accelerating our focus on health and wellness as part of this joint venture.

Our Out-of-Home business reported strong double-digit growth with significant acceleration in the food & beverage solutions portfolio. E-commerce continued its path of acceleration posting high double-digit growth and contributing 9.1% to domestic sales. New products launched since 2015 now contribute to approximately 7% of sales.

It was a quarter that was marked with food inflation, moderation in urban consumption, with gradual recovery in rural consumption. I would like to extend my heartfelt appreciation to my colleagues, distributors, retailers and partners for their tenacity and resilience, despite the prevailing external pressures.

Environmental sustainability remains fundamental to our business. It gives me immense pride to inform you that we have made strong strides in addressing climate concerns across our value chain and regularly assess the progress of environmental goals. To reduce methane emissions and provide renewable energy 5800 small and 200 large biodigesters have been installed in dairy farms in 24 districts across Punjab and Haryana. This has also improved manure management and encouraged sustainable agricultural practices.

I firmly believe in business as a force for good. As part of our commitment, we launched Project Vriddhi five years ago, in Nuh district. Today, we celebrate the transformation of 14 villages through improved agricultural practices by engaging 1000 farmers, restoring eight ponds with 25 million litres of storage potential, imparting digital literacy and enhancing skills for women and children. This initiative has positively impacted the lives of 18,000 individuals and has witnessed a multiplier effect on several development indicators.”

Result PDF

Packaged Foods company Nestle India announced Q2FY25 results

Financial Highlights:

  • Total Sales of Rs 5,074.8 crore.
  • Total Sales Growth at 1.3%. Domestic Sales Growth at 1.2%.
  • Profit from Operations at 21.0% of Sales.
  • Net Profit of Rs 986.4 crore.
  • Earnings Per Share of Rs 10.23

Business Highlights:

  • E-commerce: Continued accelerated growth by almost 38%, primarily driven by Quick Commerce and fueled by brands such as KITKAT, NESCAFE, MAGGI and MILKMAID. Growth was supported by premiumisation, new user acquisition, festive participation and targeted digital communications.
  • Organized Trade: Delivered growth spurred by noodles, beverages and overall premiumization.
  • Out of Home (OOH): Robust growth propelled by portfolio transformation, premiumization, new customer acquisition and driving reach beyond metros.
  • Export: Continued to expand its footprint by introducing new SKUs across categories to Canada, Middle East, Maldives and Papua New Guinea.

Suresh Narayanan, Chairman and Managing Director of Nestlé India, stated:“Despite a challenging external environment with muted consumer demand and high commodity prices especially for coffee and cocoa, we remained resilient in our pursuit to deliver growth. This quarter, 5 of our top 12 brands grew at double-digit. However, some key brands witnessed pressure due to softer consumer demand and we focus on them and have in place robust action plans. It is heartening to note that in the last 9 months, 65% of our top 12 brands including MAGGI noodles showed positive volume growth.

I am pleased to share that our Beverages business continued to do well and has posted high double-digit growth backed by strong performance across NESCAFE CLASSIC, NESCAFE SUNRISE, and NESCAFE GOLD, which can be attributed to category recruitment and premiumization of coffee. MILKMAID also reported high double-digit growth. Masala-Ae-Magic continued to grow at high double-digit. The toddlers’ range also recorded high double-digit growth. KITKAT delivered high single digit growth. Amongst the newer categories, the petcare business demonstrated high single-digit growth.

We kept relentless focus on investing behind our core brands, wherein advertising and marketing investments increased this quarter. There was a strong focus on efficiencies in media buying, strengthening digital capabilities and reinforcing brand equity.

Innovation is a core strength of Nestlé India, and we continue to invest in it as an engine for growth. I am happy to inform you that over the past eight years, we have recalibrated and rejuvenated our product portfolio by launching over 145 new products contributing to approximately 7% of sales. Eight new projects are now in the pipeline.

I am delighted to inform you that we have achieved our ambition of introducing ‘CERELAC’ variants with no refined sugar. This was initiated three years ago and has culminated this year with the introduction of new CERELAC variants with no refined sugar. The expanded CERELAC range in India will now consist of 21 variants, of which 14 variants will have no refined sugar. Of these 14 variants, 7 will be available by end of November 2024 and the balance will be introduced in the coming weeks.

I am also happy to share that CERELAC, Nestlé’s cereal-based complementary food has entered its 50th year in India. The first batch of CERELAC was manufactured in our flag ship factory in Moga, Punjab on 15th September 1975. Today, hundreds of dedicated employees continue to manufacture quality nutrition products with the same tender care and passion at the Moga factory in Punjab and Samalkha factory in Haryana.

Apart from product innovation, new channels have maintained momentum. E-commerce delivered high double-digit growth, which was the highest in the last seven quarters contributing to 8.3% of domestic sales.

Our Out-of-Home business continues to be one of our fastest growing businesses with strong double-digit growth. We are a total solution provider with a comprehensive portfolio spanning hot and cold vending solutions, tin and spoon coffee applications and a wide range of food solutions in the savoury and dessert culinary space, to cater to every channel need.

Environmental sustainability is a core objective of the company, and I am delighted to inform you about the installation of biomass boilers in three major factories - Nanjangud, Moga and Sanand, which will mitigate GHG emissions. We have a unique biomass boiler at Moga factory which will use briquettes made from stubble. We expect this will use 3-4% of stubble in Moga district which would have been burnt otherwise.

Result PDF

Packaged Foods company Nestle India announced Q1FY25 results:

  • Total Sales of Rs 4,793.0 crore
  • Total Sales Growth at 3.8%. Domestic Sales Growth at 4.2%.
  • Profit from Operations at 21.3% of Sales
  • Net Profit of Rs 746.6 crore
  • Earnings Per Share of Rs 7.74
  • Interim Dividend Rs 2.75 per equity share declared on 8th July 2024

Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that despite external challenges such as lower consumption growth, concerns on continued food inflation and volatile commodity prices, we have delivered growth across our product groups. Almost a fourth of our growth has been mix and volume led, and we hope to strengthen this trend in the coming months.

I am happy to inform you that 5 of our top 12 brands grew double-digit. Our Beverages business stood out, with strong double-digit growth, despite a scorching summer across many parts of India. Strong consumer led activation on ‘Cold opportunity’ helped NESCAFÉ CLASSIC post double-digit growth. In consonance, NESCAFÉ Sunrise, and NESCAFÉ GOLD also delivered strong growth. The launch of NESCAFÉ Roastery has further strengthened our premium coffee portfolio. In our endeavour to build cold coffee as a strategic pillar, we successfully launched Nescafé Ice Roast with encouraging response across key markets and channels.

Prepared Dishes and Cooking Aids too maintained its growth momentum, with innovations contributing to ~30% of the growth in the quarter. MAGGI Korean Noodles has been well received by our consumers and Masala-Ae-Magic saw double digit growth. KITKAT delivered double digit growth. We take pride in confectionery being one of the most distributed businesses with highly connected digital brands and a slew of innovations in the pipeline. Milk Products and Nutrition portfolio-maintained growth.

E-commerce sustained its upward trajectory, contributing to 7.5% of domestic sales and growing at double digit. The Out-of-Home business continued its growth momentum despite unprecedented headwinds of extreme weather conditions across India. In addition to the successful collaboration with SOCIAL for the plant-based range, we have now launched Special Korean noodles menu across all SOCIAL outlets pan India for a limited period.

We continue our relentless focus on building ‘distribution infrastructure’ as our touchpoints in RUrban geographies have been expanding consistently. During the period, we have successfully added over 800 new distribution touchpoints that includes cash distributors, re-distributors and wholesale hubs. Moreover, this quarter our village coverage has increased by 5,000 taking it to ~ 2,05,000 villages.

We continue to make strides in digitalization and technology. I am happy to announce that we have recently launched Re-distributor Management Solution for sub-distributors in rural markets to leverage technology in their daily operations. This improves efficiency, through automated order processing, equips sub-distributors to make informed decisions about stocking and promotions. Sub-distributors are enabled to respond swiftly to retailer needs, creating a powerful network for rural distribution. This reinforces our partnership approach with trade to consistently find ways to enhance their capabilities.

I am pleased to share that our factories also have been on an ambitious digitalization journey. All our factories today are leveraging digital solutions under the overarching theme of ‘Digital Manufacturing Operations’ that provide intuitive experience for operators and supervisors, bringing in efficiency and speed at shop floor.

MAGGI has been an advocate for responsible plastic waste management, driving positive change over the years. This World Environment Day, MAGGI highlighted the power of small actions through the inspiring story of Iqra Khan, a young Nestlé executive, who educated people about the right way of disposing empty MAGGI packets. This story serves as a powerful reminder that every individual has a role to play in protecting our planet and contributing to a cleaner and healthier environment.

We believe business can be a force for good. I am immensely proud to share that Nestlé Healthy Kids Programme, our long-standing initiative, dedicated to fostering healthy lifestyles among adolescents and parents, across India has successfully completed 15 years. Launched as a pilot in 2009, the programme has grown exponentially, reaching over 600,000 adolescents and 56,000 parents across 26 states and union territories. By equipping young adolescents with the knowledge and skills to make informed choices about nutrition and physical activity, we are empowering them to lead healthier lives."

Result PDF

Packaged Foods company Nestle India announced FY24 & Q4FY24 results:

 Fifteen months FY24 Financial Highlights: 

  • Total Sales of Rs 24,275.5 crore
  • Profit from Operations at 22.0% of Sales
  • Net Profit of Rs 3,932.8 crore
  • Robust Cash Generated from Operations at Rs 4,174.8 crore
  • Earnings Per Share of Rs 40.79
  • Final Dividend recommended Rs 8.50 per equity share
  • CSR Spend Rs 59.8 crore
  • Contribution to the exchequer of Rs 6,437.8 crore 

Q4FY24 Financial Highlights:

  • Total sales and Domestic sales for the quarter increased by 9.3% and 8.9%, respectively.
  • Export sales for the quarter increased by 19.0%.
  • Domestic sales crossed Rs 5,000 crore milestone for the first time. 

Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that we have delivered double-digit growth, despite challenges posed by rising food inflation and volatile commodity prices. We have witnessed a strong growth momentum across our product portfolio led by a combination of pricing and mix. Our domestic sales crossed Rs 5,000 crore this quarter, a notable milestone for us. I would like to extend my heartfelt gratitude to my colleagues, distributors, retailers and partners for their unwavering dedication, determination, and diligence.

In the financial year ended 31st March 2024, Confectionery delivered strong performance, fuelled by KITKAT, making India the second-largest market for the brand globally. Our Beverages business recorded robust performance. NESCAFÉ has introduced its coffee to over 30 million households in India in the last 7 years. Milk Products and Nutrition witnessed strong growth despite inflationary pressures. Prepared Dishes and Cooking Aids registered strong growth across portfolio led by MAGGI Noodles and MAGGI Masala-ae-Magic. India emerged as the largest market worldwide for MAGGI.

The Out-of-Home business reported strong growth and e-commerce sustained its upward trajectory, contributing to 6.8% of sales. We remained steadfast on our RUrban journey and expanded to encompass over 200,000 villages, marking a significant milestone in our journey.

The pursuit of new platforms and categories is a key component of Nestlé India's overall growth strategy and reflects our commitment to anticipating and responding to evolving market trends and consumer preferences. By leveraging our existing competencies and capabilities, and by investing in new areas of opportunity, Nestlé India strives to deliver long-term value to its stakeholders."

Result PDF

Packaged Foods company Nestle India announced Q4CY23 results:

Financial Highlights – Q4CY23:

  • Total Sales amounted to Rs 4,583.6 crore.
  • Total Sales Growth reached 8.3%, with Domestic Sales Growth at 8.9%.
  • Profit from Operations stood at 21.9% of Sales.
  • Net Profit recorded at Rs 655.6 crore.
  • Earnings Per Share amounted to Rs 6.80.
  • The Board of Directors have declared third interim dividend for FY24 of Rs 7/- per equity share (face value of Re 1/- each) amounting to Rs 674.91 crore, which will be paid on and from 5th March 2024.
  • On and from the Record Date of 5th January 2024, the equity shares of the Company were sub-divided, such that 1 (one) equity share having face value of Rs 10/- (Rupees ten only) each, fully paid-up, stands sub-divided into 10 (ten) equity shares having face value of Re 1/- (Rupee one only) each, fully paid-up

Business Comments – Q4CY23:

  • E-commerce: Continued growth momentum with targeted demand generation initiatives across key platforms based on portfolio relevance and shopper needs.
  • Organized Trade: Delivered robust growth, spurred by festive walk-ins. The channel continued to play a pivotal role in premiumization and new product launches.
  • Out of Home (OOH): Reported strong growth, fueled by portfolio transformation and premiumization, channel prioritization, digital lead generation, and new customer acquisition.
  • Exports: Expanded product offerings across key international markets to delight Indian diaspora exploring multiple markets.

Product Groups Performance – Q4CY23 (Domestic):

  • Prepared Dishes and Cooking Aids: Continued growth momentum observed across the portfolio, fueled by effective communications, media investment, shopper engagement, and innovations targeting market development, particularly in RURBAN markets.
  • Milk Products and Nutrition: Expansion of NESTLÉ A Masala Millet to Mumbai and MILO for Teenager to key south markets. Positive consumer response received for MILKMAID and PEPTAMEN.
  • Confectionery: Strong growth in confectionery led by KITKAT and MUNCH, supported by consumer-led campaigns and new product launches including MILKYBAR caramel, MUNCH fruity, and POLO watermelon. KITKAT entered the premium segment with three new variants.
  • Beverages: Robust growth across the NESCAFÉ portfolio, with double-digit growth for NESCAFÉ CLASSIC and NESCAFÉ Sunrise. NESCAFÉ strengthened its leadership position with market share gains and increased household penetration.
  • Petcare Business: Felix Wet Cat Food received positive feedback from trade and cat parents, with e-commerce playing a pivotal role in distribution.

Commenting on the results, Suresh Narayanan, Chairman and Managing Director of Nestlé India, stated, “I am pleased to share that despite external challenges, we have once again delivered a strong performance this quarter. Domestic sales grew by 8.9%, driven by pricing and mix growth, with strong momentum in e-commerce and out-of-home channels. Throughout the year 2023, our total sales grew by over 13.3%, crossing the Rs 19,000 crore mark.

All key brands and product groups have contributed to Nestlé India’s consistent growth trajectory. This quarter, strong demand for NESCAFÉ CLASSIC and NESCAFÉ SUNRISE fueled double-digit growth in the Beverages product group, with NESCAFÉ gaining significant market share. The Milk and Nutrition product group posted double-digit growth, while Prepared Dishes and Cooking Aids maintained commendable growth. Confectionery, another strong growth driver, also delivered solid performance. This overall growth underscores the trust consumers place in us and the unwavering commitment of our teams.

Our Out-of-Home business accelerated rapidly this quarter, focusing on relevant innovations, new geographies, and robust penetration in emerging channels with the opening of new kiosks in key locations. This strategic clarity and disciplined execution made our Out-of-Home business the fastest-growing segment in India.

E-commerce recorded strong growth, contributing 7% of domestic sales in this quarter. Organized trade also witnessed robust growth, supported by festive walk-ins and new product launches. Our teams excelled in implementing shopper-centric activities across our extensive portfolio, spanning both traditional platforms and the rapidly growing ‘quick commerce’ sector.”

Result PDF

Packaged Foods company Nestle India announced Q3CY23 results:

Financial Performance:
- Nestlé India achieved a landmark by crossing Rs 5,000 crore turnover in a quarter, the first in its history.
- Total sales growth was 9.4%, with domestic sales growing at 10.3%.
- Profit from operations stood at 22.6% of sales.
- Net profit for the quarter was Rs 908.1 crore.

Business Performance:
- The e-commerce channel contributed 6.1% of quarterly sales, experiencing continued growth driven by Quick Commerce.
- The organized trade retail channel delivered strong double-digit growth.
- The out-of-home business registered strong double-digit volume-led growth.
- Export sales expanded with strong demand for MAGGI and NESCAFÉ SUNRISE products.

Product Group Performance:
- Prepared Dishes and Cooking Aids segment showed growth, driven by market visibility, impactful media campaigns, and innovation for RURBAN markets.
- Milk Products and Nutrition segment delivered double-digit growth, supported by the launch of Nestlé a Masala Millet and positive response to MILKMAID and PEPTAMEN.
- Confectionery segment saw strong growth in key products like KITKAT and MUNCH, backed by media support and digital-first campaigns.
- Beverages segment recorded strong growth across NESCAFÉ portfolio, with NESCAFÉ CLASSIC, NESCAFÉ Sunrise, and NESCAFÉ GOLD leading the way.
- Petcare business received positive feedback for Felix Wet Cat food.

Market Outlook:
- Uneven rain and deficit may impact the production and pricing of maize, sugar, oilseeds, spices, and coffee.
- Winter weather may affect wheat production, but a healthy milk flush is expected to stabilize milk prices.

Dividend and Share Split:
- The Board of Directors declared a second interim dividend of Rs 140 per equity share for 2023.
- The share capital will be sub-divided/split, subject to shareholder approval, from Rs. 10 per share to Re 1 per share.

Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that we have, yet again, delivered consistent performance almost across all major brands. Domestic sales grew double digits, on account of mix, volume and price. Key brands continued to perform well, led by KITKAT, NESCAFÉ CLASSIC, NESCAFÉ SUNRISE, supported by MUNCH and MILKMAID. We are investing towards building our brand equity and have made strong and significant investments across all product groups. We crossed INR 5,000 crore turnover, which has been our first in any quarter in the history of the Company and a landmark for us."

Result PDF

Packaged foods company Nestle India announced Q2CY23 results:

  • Total sales of Rs 4,619.5 crore
  • Total sales growth at 15.0%.
  • Domestic sales growth at 14.6%
  • Profit from operations at 20.7% of Sales
  • Net profit of Rs 698.3 crore
  • Earnings per share of Rs 72.43

Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestle India, said, "I am pleased to share that we have, yet again, delivered robust performance, with all product groups registering double-digit growth. This is the fifth quarter in a row of double-digit growth across ALL product groups. Domestic sales growth is broad-based and grew by 14.6%, on the back of prudent pricing and supported by mix and volume with targeted brand support. Key brands continued to perform well, led by KITKAT, NESCAFE, and MAGGI among others.

The out-of-home business continued to deliver strong growth this quarter, through a pivot of dual strategies in terms of portfolio transformation and robust precise execution of differentiated channel and geography plans to harness big growth opportunities.

Our RURBAN strategy was helped by increasing the distribution footprint with the relevant portfolio, thereby achieving higher penetration. We witnessed strong growth across Megacities and Metros, robust performance in Tier 1 to 6 towns, and continued strength in rural markets. E-commerce continued to perform strongly and now accounts for almost 6.5% of sales.

We have renewed and indeed accelerated our focus on brand building and continued to make relevant investments during this quarter. The focus on Innovation and Renovation remained, and as examples we launched three notable new products in the Indian market - Resource Fiber Choice, a unique and effective gut health solution that is proven to help relieve constipation and improve gut health, Everyday Zero - the dairy whitener with no added sugar and MUNCH Breakfast Cereals.

"Make in India" has always remained the cornerstone of our industrial footprint strategy and I am pleased to announce that Odisha has been identified as the state that will be home to Nestle India's TENTH factory. We have now received an "in principle" approval from the Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL). Our dream and ambition are to also make the Odisha factory "State of the art" in line with our continuing commitment to gender diversity, sustainable manufacturing, paperless digitally managed facility with an abiding focus on the environment in terms of practices. Like all our other factories, the Odisha factory too will remain committed to serving the local communities through relevant societal initiatives.

Dignity, respect, and equal opportunity are enshrined in the pillars of the 'Purpose and Values' of Nestle India. It gives me immense pride to announce that we have recruited 12 persons with disabilities to work on our production line at our Sanand factory. We remain committed to the path of diversity and inclusion in various parts of our business with the necessary commitment and resources to propel such initiatives.

I would like to thank our diverse team who make 'Performance with Pride' happen at Nestle India with diligence, commitment, ethics, teamwork, compassion, and humility -our employees, partners, suppliers, distributors, and retailers for their unwavering faith and wholehearted support in our company's journey in the past decades."

 

 

Result PDF

Trending News

TCS, on its Investor Day 2025, articulated a clear shift towards an AI-first enterprise

TCS, on its Investor Day 2025, articulated a clear shift towards an AI-first enterprise

Published on 18-Dec-2025 09:07

Syrma SGS Technology has completed the first tranche of its acquisition of defence and aerospace electronics firm Elcome Integrated Systems

Syrma SGS Technology has completed the first tranche of its acquisition of defence and aerospace electronics firm Elcome Integrated Systems

Published on 18-Dec-2025 09:06

POWERGRID has commissioned the Western Region Expansion Scheme-XXV

POWERGRID has commissioned the Western Region Expansion Scheme-XXV

Published on 18-Dec-2025 09:05

L&T's Buildings & Factories (B&F) business has won multiple large domestic EPC orders across tourism

L&T's Buildings & Factories (B&F) business has won multiple large domestic EPC orders across tourism

Published on 18-Dec-2025 09:03

Marico has amended the definitive agreements to extend the timeline for acquiring the remaining 40% stake in Satiya Nutraceuticals (PLIX) by 12 months

Marico has amended the definitive agreements to extend the timeline for acquiring the remaining 40% stake in Satiya Nutraceuticals (PLIX) by 12 months

Published on 18-Dec-2025 09:01

Axis Bank MD & CEO Amitabh Chaudhry said that recent RBI rate cuts will delay stabilisation of net interest margins

Axis Bank MD & CEO Amitabh Chaudhry said that recent RBI rate cuts will delay stabilisation of net interest margins

Published on 18-Dec-2025 09:00

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app
✕
Application status