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
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 shares gained after the company reported a healthy set of results for the December quarter of FY26 (Q3FY26).
Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today
Nestle Q3 results preview: Brokerages tracked by Business Standard estimate Nestle's net profit to average ₹745.25 crore, compared to ₹713.9 crore a year ago, up 4 per cent year-on-year (Y-o-Y)
He will succeed Svetlana Boldina, whose term as Nestle India's CFO is set to end on January 31
Analysts at Choice Equity Broking expect the stock to rally past ₹1,500-mark on the upside, indicating a potential upside of over 14 per cent from current levels.
By the end of the year, we will digitise entirely from supply planning to distribution, says Manish Tiwary, chairman and managing director, Nestle India
The development comes on the heels of the Delhi government imposing the Graded Response Action Plan (Grap) Stage III, after the air quality was in the "severe" category at 425
FMCG Stock Today: Technical charts show that Hindustan Unilever and Nestle India seem to be favourably placed; while Colgate Palmolive stock can decline up to 7% from here.
Nestle India posts strong volume-led revenue growth in Q2FY26; margins under pressure from elevated raw material costs, but easing prices may help ahead
"Given favourable industry tailwinds from goods and services tax (GST) rate reduction, we believe the management's topline focus is prudent," Emkay noted
Nestle India's net profit drops 17.4% to Rs 743.2 crore in Q2FY26 due to last year's exceptional item, while sales grow 10.6% to Rs 5,643.6 crore on strong domestic demand
The NSE Nifty50 surpassed the 25,600 mark in the intraday to hit a high of 25,559, up nearly 300 points from the previous day's close of 24,323.55
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
At 12:12 PM, Nestle India share price was trading 3.23 per cent higher at ₹1,261 per share. By comparison, BSE Sensex was trading 0.53 per cent higher at 83,043.31 levels.
Q2FY26 company results: Waaree Energies, Jio Financial Services, Indian Bank, JSW Infrastructure, and Indian Overseas Bank are also to release their July-September quarter earnings report
Stocks to watch today: Angle One, KEI Industries, Jyoti Structures and KEC International are among other top stocks to track today:
Nestle Q2 preview: Brokerages tracked by Business Standard estimate Nestle's net profit to decline around 15 per cent year-on-year (Y-o-Y) on average, to ₹730.2 crore
The Delhi High Court closes Nestle's trademark suit against Shankeshwar Utensils as company agrees to stop using 'Maggisun' and cancel the trademark