Page 14 - Nestle India

Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Nestle India slips 5% after Q1 profit margin contracts YoY

In Q1CY20, the gross margins declined more-than-expected by 220 bps YoY to 56.3 per cent due to higher commodity costs, particularly milk and its derivatives.

Market Ahead, May 13: Top Factors That Could Guide Markets Today

Today, a total of 10 companies, including Maruti Suzuki India, MPhasis, and ABB are scheduled to announce their results

Nestle India PBT flat at Rs 704 cr for March quarter, revenue up 10.7%

The company follows a January-December accounting year. Revenue for the March quarter stood at Rs 3,325 crore, growth of 10.7 per cent from a year ago.

Nestle India Q1 preview: Commentary on rural demand, product pipeline eyed

Strong demand for packaged food will cap the impact of lockdown, say analysts.

India, China hit hard due to coronavirus, says Colgate global CEO

Both the countries reported a decline in sales in the March quarter

Covid-19 lockdown: Mondelez, other FMCG giants indicate dent in business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the first phase of the lockdown, which began on March 25

Firms gear up for change in consumer behaviour in post-Covid world

It's for this new consumer that companies are adapting their products and services

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

Nestle Q1 sales beat estimates as consumers hoard pet food, coffee

Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-supplied estimates

Industry to face 'new normal' once Covid-19 crisis ends: Suresh Narayanan

Apart from adapting to changes like remote workplaces and stricter hygiene measures at manufacturing units, the crisis may alter the way brands communicate with their consumers

Merger complete, focus now shifts to integration of HUL-GSK operations

The merger will also give HUL access to brands such as Horlicks and Boost, pitting the company against rivals such as Nestle India, another big player in the health and nutrition segment.

FMCG shares in focus; Hindustan Unilever, Nestle India near record highs

Britannia, Dabur India, ITC, and Emami gained over 5 per cent each on the NSE

Nestle India's resurrection from Maggi debacle is virtually unparalleled

During the year, Nestle India strengthened its distribution base, sales capabilities and execution skills to secure the leadership position in most categories

GSK Consumer merger sets stage for Hindustan Unilever, Nestle face-off

The NCLT nod paves the way for the final leg of the merger process, including an announcement of the record date (of the merger) and share allotment

Nestle hits 52-week high on strong Dec quarter result, dividend bounty

The final dividend, if approved by the shareholders at 61s1 AGM, shall be paid on and from May 28, 2020

Nestle India posts 38.4% rise in net profit at Rs 473 crore for Dec quarter

FMCG major Nestle India Ltd on Thursday reported a 38.40 per cent increase in net profit at Rs 473.02 crore for the quarter ended December, helped by volume growth. The company, which follows January-December financial year, had posted a net profit of Rs 341.76 crore in the corresponding quarter a year ago. Net sales rose 8.75 per cent to Rs 3,130.74 crore during the quarter under review as against Rs 2,878.83 crore in the corresponding quarter last year, Nestle India said in a regulatory filing. Domestic sales rose 10.04 per cent to Rs 2,960.78 crore as against Rs 2,690.51 crore in October-December 2018. However, exports declined 9.74 per cent to Rs 169.96 crore during the quarter under review from Rs 188.32 crore a year ago. Domestic sales increased through a combination of 'volume & mix', while exports dropped due to lower exports of coffee to Turkey, the company said in a statement. Total income during October-December quarter rose 7.45 per cent to Rs 3,193.99 crore as agains

Market Ahead, February 13: All you need to know before the Opening Bell

Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today