Nestle

India has emerged as the largest market globally for KitKat, the iconic chocolate-coated wafer bar of Swiss food and confectionery major Nestle, driven by strong consumer penetration, product innovation and aggressive marketing investments, according to the company. India, which had been the second-largest market for the brand over the last 2-3 years, has now become its biggest market globally, underscoring India's growing importance for the iconic chocolate wafer brand sold in over 85 countries. "India is now the largest market for KitKat globally, and the brand has accelerated its market share growth over the last few years," Nestle India Chairman and Managing Director Manish Tiwary said during a recent media interaction. KitKat has now become the second brand in Nestle's portfolio, after Maggi, to emerge as the largest market globally. A decade ago, India was at number 10 globally for KitKat. As part of Nestle India's confectionery portfolio, KitKat contributed to strong moment

Dr Reddy's-Nestle Health Science JV launched Celevida GLP+ to support nutrition and muscle health among patients on GLP-1 and GIP therapies

At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary

Q4FY26 company results: Firms including Persistent Systems, Tata Investment Corporation, Cyient DLM, and Sunteck Realty are also to release their January-March earnings today

Swiss food giant Nestle says about 12 tons, or 413,793 candy bars, of its KitKat chocolate brand were stolen after leaving its production site in Italy earlier this week for Poland. The company, based in Vevey, Switzerland, said in a statement on Friday that "the vehicle and its load are still nowhere to be found". The shipment of the crunchy bars, made of waffles covered with chocolate, disappeared last week while en route between production and distribution locations. The chocolate bars were to be distributed throughout Europe. The missing candy bars could enter unofficial sales channels across European markets, the company said, but if this does happen, all products can be traced using the unique batch code assigned to individual bars. A spokesperson for KitKat said that as a result, consumers, retailers and wholesalers would be able to identify if a product is part of the stolen shipment by scanning the on-pack batch numbers. If a match is found, the scanner will be given clea

Nestle had already handed the reins of its European and US ice cream units to Haagen-Dazs owner Froneri, a joint venture it established with European buyout firm PAI Partners in 2016

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world's biggest food company was already struggling to revive its shares from their multi-year lows

Domestic volumes surged and exports grew sharply in Q3FY26, aided by GST reforms, though higher raw material costs weighed on margins, with management prioritising growth over profitability

Nestle reported an 18.6 per cent growth in consolidated net sales to ₹5,667 crore from ₹4,780 crore in the year-ago period

FMCG major reports 45.1% year-on-year jump in Q3 FY26 net profit, driven by volume-led sales growth, with confectionery and beverages leading performance

The Indian unit of Swiss food major Nestle said net profit ‌rose to ₹1,018 crore ($110.77 million) for the quarter ended December 31

He will succeed Svetlana Boldina, whose term as Nestle India's CFO is set to end on January 31

Nestlé, the world’s largest food and beverage company, has announced it will slash 16,000 jobs over the next two years.

The reductions, which would amount to about 6 per cent of the workforce, will be made over the next two years, the maker of Nespresso coffee capsules and KitKat candy bars said

Eternal, the parent company of Zomato and Blinkit, reported a consolidated net profit of ₹65 crore for Q2 FY26, marking a 63% YoY decline from ₹176 crore in the same quarter last year.

FMCG major Nestle India Ltd on Thursday reported a 17.37 per cent decline in consolidated net profit to Rs 743.17 crore for the September 2025 quarter. The company had posted a net profit of Rs 899.5 crore a year ago, according to a regulatory filing by Nestle India. The company said its revenue increased 11 per cent to Rs 5,630.23 crore in the September quarter, from Rs 5,074.76 crore in the corresponding period of the last fiscal year. The total expenses of Nestle India rose 12.9 per cent to Rs 4,616.73 crore in the second quarter of this financial year. In the September quarter, Nestle India's domestic sales climbed 10.8 per cent to Rs 5,411.02 crore, as against Rs 4,883.14 crore in the corresponding period of the previous fiscal. Its exports surged 14.4 per cent to Rs 219.21 crore. Chairman and Managing Director Manish Tiwary said domestic sales grew at a double-digit rate, led by volume growth. "Three out of four product groups delivered strong volume, led by double-digit g

The share price has dropped more than 40 per cent since a peak in 2022, hit by falling volumes, bloated costs, volatile consumer demand, and missteps by a management team

Bulcke will be succeeded by Vice Chairman Pablo Isla, effective October 1. Bulcke was earlier supposed to hand over the reins to Isla in April 2026

Nifty FMCG rose 2.66 per cent in early deals after the Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman on Wednesday, simplified the GST structure

Nestle has dismissed its chief executive, Laurent Freixe, following an internal investigation. Philipp Navratil has been appointed the new CEO to lead the company forward