Explore Business Standard
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
Startups and regional brands are not only good for providing variety to consumers but also give established players the push to improve their product offerings, Nestle India's outgoing Chairman & Managing Director Suresh Narayanan said. Stressing on the importance of startups and regional brands operating in small catchment areas, Narayanan said Nestle India is working with startups as part of its accelerator program, to identify their potential and see how to partner with them. "Startups and regional brands are good for the business. They do two things -one, they extend the variety for the consumer, and secondly, they give us additional inspiration for improving, making ourselves faster and smarter," Narayanan told PTI during an interview earlier this week. According to Narayanan, today every brand has to be relevant to Gen Z and Gen Alpha consumers, who do not give much importance to the historical relevance of brands. "It goes by what is in it for me, so Maggi noodles have to ..