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FMCG major Nestle India on Thursday reported a 36.32 per cent rise in consolidated net profit at Rs 1,026.77 crore for the September quarter of FY27, on a year-on-year basis. The company had posted a consolidated net profit of Rs 743.17 crore in the corresponding period last fiscal, Nestle India said in a regulatory filing. Nestle India's revenue from sale of products rose 20.45 per cent to Rs 6,782.17 crore in July-September quarter of FY27. This was Rs 5,630.23 crore in the corresponding period a year ago. "The quarter saw a continuation of strong and broad-based growth across all product groups, with total sales reaching INR 6,782.2 crore, with a growth of 20.5 per cent, which was driven by robust, double-digit volume growth," said Chairman and Managing Director Manish Tiwary. The company continued to focus on operational efficiencies while significantly increasing investments behind its brands, with advertising and marketing spend up 46 per cent. "EBITDA margin remained health
Rising input costs are likely to put pressure on operating margins for Indian fast-moving consumer goods companies in the September quarter, even as resilient demand and growth in key product categories support revenue expansion. A sharp rise in crude oil and its derivative products used in packaging, along with a persistent inflationary trend in various commodities and deficit rainfall, has increased cost pressures across companies depending on their product mix, pricing power and cost-saving measures. A report from brokerage ICICI Direct said higher crude and crude-derivative prices, coupled with increases in other key input costs, are likely to affect earnings before interest, taxes, depreciation and amortisation (EBITDA) margins of most home and personal care companies. "Spike in the crude oil/crude derivative prices coupled with increase in the other key input prices will have impact on the EBITDA margins of most of the home care and personal care companies under coverage," it
The Indian fast-moving consumer goods (FMCG) sector is witnessing a wave of leadership changes, with several leading companies appointing new chief executives and elevating senior executives as they seek to sharpen execution, drive growth and adapt to an evolving consumer landscape. In the last 12 months or so, at least half a dozen major FMCG companies, including Hindustan Unilever Ltd (HUL), Godrej Consumer Products Ltd (GCPL), Dabur India, Britannia Industries and Colgate-Palmolive India, have announced transitions at the top level, with Nestle India's own change of guard having taken place just before that window. These leadership changes have come at a time when FMCG companies are grappling with a challenging operating environment marked by uneven consumer demand, rising competition from regional and local players, and pressure to deliver volume-led growth while protecting market share, profitability and earnings. Companies are also contending with elevated input costs driven b
Rising input costs due to commodity inflation and geopolitical uncertainties are prompting leading FMCG makers to implement calibrated price hikes in the September quarter, as they remain optimistic about demand, citing resilient consumption trends, premiumisation, and improved revenue growth. The FMCG sector, which took an average hike of around 2-5 per cent in the June quarter, is going for shrinkflation by reducing the grammage weight or selective pricing actions in the current quarter to protect margins, even as they stay watchful of inflationary pressures, crude oil volatility and weather-related risks such as the monsoon and El Nino. Leading bakery food company Britannia said it expects to add another 1.5 to 2 per cent in pricing in the second quarter through "shrinkflation" in its Rs 5 and Rs 10 biscuit packs, as commodity prices for sugar and palm oil are on the higher side. Britannia said its Q1 pricing-led growth came mainly from shrinkflation, and expects further pricing
Global consumer products makers have reported strong consumer demand and market share gains in India in the June quarter, highlighting India's role as a long-term growth engine and have indicated plans to step up investments to strengthen their presence in one of the world's fastest-growing consumer markets. Global consumer goods majors such as Mondelez International, L'Oreal, Reckitt, Unilever, Nestle and The Coca-Cola Company see India as a key growth market and a major driver of future growth. In their earnings calls, their top executives have pointed to resilient consumer demand, accelerating premiumisation, expanding distribution networks, focus on low-price packs, strong performance of digital and e-commerce channels, and rising market share across categories in India. American snacking major Mondelez International, maker of brands such as Oreo, Cadbury Dairy Milk and Toblerone, said demand remained "solid" in India during the second quarter of 2026 and that it expanded its ..