Nestle

Nestle India's royalty payment to parent rises 14% to ₹1,024 crore in FY26

General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Societe des Produits Nestle S.A. were up 13.91 per cent to Rs 1,024.5 crore in FY26, according to the company's latest annual report. Besides, Nestle India also paid a 'withholding tax on general licence fees' of 102.47 crore for the financial year ended March 2026. In the preceding year of FY25, Nestle India paid a general licence fee of Rs 899.41 crore and Rs 89.71 crore as 'withholding tax on general licence fees'. Nestle India obtains access to the Nestle Group's technology and intellectual property through General Licence Agreements for manufacturing and marketing its products, while continuously benefiting from technological advancements and innovations across the product categories it produces and sells. It pays a royalty of 4.5 per cent of net sales to its parent firm. Promoter entities Nestle S.A. and Maggi Enterprises Ltd together hold a 62.76 per cent stake in Nestle Ind

Food inflation shaped everyday choices in FY26: Nestle India CMD Tiwary

Nestle India chairman and MD Manish Tiwary says urban demand remained resilient while rural recovery depended on monsoon outcomes, farm income and government support

Urban middle-class demand under stress, consumption story intact

Nestle India's Manish Tiwary said inflation and muted wage growth are weighing on urban discretionary spending, though premium and rural demand remain resilient

India becomes largest market for Nestle's KitKat on strong demand

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

DRL-Nestle JV launches Celevida product line for GLP-1 therapy patients

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

Strategy remains focused on volume-led penetration growth: Nestle India CMD

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

Q4 result today: Nestle, HCL Tech, Tata Elxsi, among 16 firms on April 21

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

Over 400K KitKat bars stolen en route from Italy to Poland, says Nestle

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 in talks to sell ice cream business as overhaul gathers pace

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

Nestle CEO, management under pressure as infant formula crisis adds to woes

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

Nestle's mid-teen profit growth depends on stable demand, lower costs

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

Brokerages raise target price on Nestle as Q3 results beat expectations

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

Nestle India sees strongest volume growth in 5 years; profit surges 45%

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

Nestle India Q3FY26 results: Profit jumps 46% as GST rate cuts boost demand

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

Nestle India names Edouard Mac Nab as its new chief financial officer

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

Nestlé to cut 16,000 jobs globally: New CEO pushes restructuring to revive growth

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

Nestle plans to slash 16,000 jobs as new CEO speeds up turnaround

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, Infosys Q2 results, India responds to Trump’s oil claim, Nestle to axe 16k jobs

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.

Nestle India Q2 results: Consolidated net profit slips 17.4% to ₹743 cr

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

Nightmare at Nestle: World's biggest food company faces a reckoning

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