Page 18 - Nestle India

Nestle India declares interim dividend of Rs 33 per share

Nestle shares settled 0.30 per cent lower at Rs 7,680.35 on BSE.

Nestle India September quarter net profit grows 23% to Rs 343 crore

FMCG major, which follows Jan-Dec fiscal had posted net profit of Rs 278.41 cr during the same period in the previous financial year

Nestle India on path to cut sugar content in chocolates

Relaunches less sweeter Milkybar; KitKat, Munch may follow

Nestle India: New strategy could perk up future

Firm aims to grow in double digits; could see some pressure in near-term margins

Nestle India launches iron-fortified Maggi noodle for anaemic people

FMCG major Nestle India today launched iron fortified Maggi noodles aimed at iron deficient (anaemic) people in the country. As per the 2015-16 National Family Health Survey, 53 per cent females and 22.7 per male between 15 and 45 years age group suffer from iron deficiency with an almost equal split across rural and urban India, Nestle said. The company believes that with 2.5 billion portions of Maggi Masala noodles consumed annually in India, it will have a major impact. Under "Simply Good", Nestle is supporting home cooks with healthier and tastier choices, by simplifying ingredients, reducing sodium and increasing micro nutrient fortification by 2020. In India, Nestle has started it with iron fortification, the company said in a statement. "Nestle India is exploring ways to fortify its mass consumption products to close the gap and contribute to the larger national objective," it added. Nestle India Chairman & Managing Director Suresh Narayanan said: "At the forefront o

Nestle India posts 7% rise in Q4 net at Rs 307 cr

Posts highest sales since September, 2014 backed by volume growth

Nestle beats note ban blues in March quarter

Net profit would likely grow 15.6% on the back of double-digit topline growth

Nestle India commits to water stewardship, cuts use by 53 per cent

Initiatives have been accompanied by efforts to spread awareness about sustainable usage of water

Nestle claims to have taken a Rs 100 cr hit on account of demonetisation

Company reported a decline of 8.66% in its standalone net profit to Rs 167.31 cr in Q4

Nestle Dec quarter net down 9% to Rs 167 cr; note ban erodes Maggi share

Higher tax, contingency provisions take toll; Maggi share now 60%, from 78% pre-ban

Nestle India Q4 net profit down 8.6% to Rs 167.31 crore

However, net sales during the quarter under review were up 16.17% to Rs 2,261.28 crore

A year on, Maggi back to winning ways: Nestle

Company has launched 25-30 new products across categories in the last 3 months, is working to grow the categories in its pursuit

Need to destroy 550 tonnes of outdated Maggi stocks: Nestle to SC

Counsel for the FSSAI told the bench that he needs to take instructions on Nestle's plea

Nestle seeks SC nod to destroy 550 tonnes of Maggi Noodles

FSSAI and the company have both agreed to destroy the stock which has crossed its shelf life

Nestle India's long path to recovery

Benign demand and expensive valuations could keep the stock price in check

Price focus trims Nestle volume growth

The script remained unchanged despite categories such as beverages, chocolates and confectionery, and milk products and nutrition giving Nestle nearly 80 per cent of its top line

Nestle takes another baby step

The company launched a new breakfast cereal Ceregrow for children aged between two and five years

Nestle India's Q2 net down 11% at Rs 290 cr q-o-q

Company CMD says it's 'heartening' to see Maggi noodles rebound to market leadership of about 57% after its reintroduction last November

Nestle stock at pre-Maggi ban level, hits year's high

On Monday, its stock touched a 52-week high of Rs 7,155, in anticipation of better financial performance in the June quarter

Nestle India transforms under CMD Narayanan

Since his appointment, Maggi noodles re-entered the market in Nov 2015 and regained leadership position within five months