Tata Group was placed in the twentieth spot in the list of most innovative companies in the world
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
KitKat, Munch sweeten the quarter for the firm; Nescafe also packs a punch
Nestle India declared an interim dividend of Rs 27 per share
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 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
The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets
The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity
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
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 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
Analysts expect the maggi maker to report muted profit in the March quarter 2022 due to sluggish rural demand sentiment and input cost inflation.
Despite the correction, analysts at HDFC Securities expects more valuation risks in the next few years
On July 29, 2021 the board approved scheme of arrangement, which envisages the transfer of the entire balance of Rs 837.43 crore standing to the credit of the general reserve to the retained earnings
Better supply chain compared to base quarter would lead to strong sales in products such as Maggie, Kit Kat, and infant products, brokerage Sharekhan said
Nestle Q1 preview: Raw material prices have started inching up, however, cost optimisation measures should aid Ebitda margin expansion of 120 bps YoY, said analysts at Edelweiss Financial
The company's new-found enthusiasm for the hinterlands is founded on its appetite for growth
While the longer-term narrative for Nestle's revenue and earnings growth remains extremely attractive, near-term concerns on valuations cannot be ruled out
Brokerage HDFC Securities in a results update said moderation in in-home consumption categories will impact key brands but revival in OOH will support growth
The Maggi noodles maker is expected to post double-digit revenue growth in its profit after tax (PAT) for the fourth quarter of the financial year 2020