Nescafé

Nestle India's permanent employee count down sharply 3.8% in FY25

The number of permanent employees in Nestle India fell 3.8 per cent in FY25, though the maker of Maggi and KitKat increased its capex and is investing in new capabilities and capacities. The total number of on-roll employees of Nestle India was 8,419 in FY25, as compared to 8,736 a year ago. The increase in the median remuneration of employees in last fiscal year was 4.9 per cent. "The median percentage increase made in the salaries of employees other than the managerial personnel was 5.2 per cent while the increase in the remuneration of managerial personnel was 3.5 per cent," said Nestle India. Nestle India, which reported over Rs 20,000 crore sales in FY25, increased capex level from 1.8 per cent of sales in 2015 to 10 per cent of sales in FY25, said its outgoing Chairman Suresh Narayanan, while addressing the shareholders. The maker of Maggi, Nescafe and KitKat has already announced a succession plan, appointing Manish Tiwary as a Director and Managing Director for a five-year

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

Indian market offers opportunity of innovation for Nescafe: Nestle official

India is one of the fastest growing markets for Nescafe and offers a "huge opportunity" for innovation and premiumisation, according to a senior Nestle official. Nescafe is a coffee brand owned by leading Swiss food company Nestle. Nestle's Head of Coffee Strategic Business Unit Philipp Navratil, who is on an India visit, said the company is encouraged by the new coffee culture brewing in India with the opening of new coffee shops. "India is one of the fastest growing markets for Nescafe and offers a huge opportunity for penetration-led growth, both through in-home and out-of-home consumption," he said in a statement issued by the company on Tuesday. According to him, Nescafe has already reached a household penetration of 46 million in India, which is a substantial number. He also said there is a "huge opportunity" to bring Nescafe to the world, making it more affordable to consumers. "We believe Nescafe is perfectly positioned to introduce the world to coffee -- we are more ...

Nestle India's profit rises 8.3% to Rs 668 cr in Q2, tops estimates

The Maggi noodles maker's profit rose 8.3% to Rs 668 crore ($81.1 million) in the quarter ended Sept. 30

Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

Nestle: Stock offers good opportunity for medium to long-term investors

Strong resilient portfolio, along with recent ready-to-eat launches and focus on rural distribution, indicate good growth potential

Nestle shifts spotlight to non-Maggi brands

Nescafe is leading the company's efforts to widen the public lens on its portfolio of brands