Page 4 - Fmcg Nestle India

FMCG major Nestle India on track to launch plant-based protein products

'I am not looking to launch whole chicken or fish, but products more relevant to the Indian market,' Suresh Narayanan said, while refusing to divulge more details

Nestle India turnover crosses Rs 5,000 crore in a quarter in a first

The maker of KitKat chocolate and Nescafe coffee, which follows the January-December financial year, surpassed Bloomberg's net profit estimates of Rs 785.3 crore

Nestle India hits new high; up 2% on 1:10 stock split, healthy Q3 results

The company also declared a second interim dividend of Rs 140 per share for the year 2023.

Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share

Price points such as Rs 5 and Rs 10 are easier to remember and are perceived as being affordable by customers

Weak monsoon may impact rural demand: Nestle India CMD Suresh Narayanan

Nestle expands ready to eat line with a+ Masala Millets

FMCG-maker Nestle India enters into millets-based Ready-to-Make category

FMCG maker Nestle India has entered into the millets-based Ready-to-Make (RTM) market by extending its nutrition brand a+ in the category. The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up, its Chairman and Managing Director Suresh Narayanan said on Thursday. The product has been developed under the guidance of the Indian Millet Institute of Millet Research, supporting the government initiative to promote millet as a more sustainable food option. "We felt that 'a+' has strong nutritional connotations and that is why we decided to launch the new product under this brand. This is being done under a public-private partnership with IIMR and is in line with the government's focus on millets. There is growing health consciousness among Gen Z and millennials and we believe this can be a mass-market product," Narayanan said in a media round table here. Under a+, Nestle India is ..

Nestle India Q1FY24 result: Net profit up 36% on strong domestic demand

On a quarter-on-quarter basis, the revenue for operations was down 3.56%. It was Rs 4,830.53 crore in Q4FY23

Tata Group only Indian firm in BCG list of top 50 most innovative firms

Tata Group was placed in the twentieth spot in the list of most innovative companies in the world

Consumer preference, govt push make millets the darling of FMCG companies

An increased preference towards healthier food items has been registered since Covid-19. Consumers are now taking more time to read product labels before going for a purchase

Nestle India net profit up 24.7 per cent in January-March quarter

KitKat, Munch sweeten the quarter for the firm; Nescafe also packs a punch

Nestle India net profit jumps 23.9%, all products see double-digit growth

Nestle India declared an interim dividend of Rs 27 per share

Raw material inflation may dent Nestle India's Q1CY23 margins YoY: Analysts

Nestle India Q1CY23 preview: While Indian business is likely to report double-digit revenue growth on a YoY basis, the international business is estimated to grow in mid-single digits, said analysts

Nestle's Q4 revenues may rise up to 17% YoY, agri-inflation to dent margins

Nestle India Q4 preview: In the October-December quarter, shares of Nestle rose 2.4 per cent, while peers like Hindustan Unilever dropped 5 per cent, and Britannia gained 12 per cent

Nestle has bigger appetite for India; increasing presence in rurban markets

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle India to acquire pet foods business of Purina Petcare for Rs 124 cr

FMCG major Nestle on Thursday said it will acquire the pet foods business of Purina Petcare India for Rs 123.5 crore, providing Nestle an access to the fast-growing business in the country

Nestle India Q2 net profit falls 4.3% to Rs 515.34 cr, net sales up 15.7%

FMCG major Nestle India Ltd on Thursday reported a decline of 4.31 per cent in its net profit at Rs 515.34 crore for the second quarter ended June 30, 2022

Nestle India eyeing new categories to push growth: CMD Suresh Narayanan

Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Nestle Q1: Input cost rise, Sri Lanka crisis could hit profit, say analysts

Analysts expect the maggi maker to report muted profit in the March quarter 2022 due to sluggish rural demand sentiment and input cost inflation.

FMCG shares under pressure; HUL, Godrej Consumer, Nestle slide up to 4%

Despite the correction, analysts at HDFC Securities expects more valuation risks in the next few years