Nestle India Q2 results preview: Investors will monitor the demand outlook on rural against urban, competitive intensity and raw material trends for Nestle India
Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing
FMCG major Nestle India on Monday announced a change of leadership with the appointment of Manish Tiwary as the Managing Director of the company after the incumbent, Suresh Narayanan, retires in July next year. Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing. Narayanan will retire as Chairman & Managing Director of Nestle India on July 31, 2025 after serving 26 years, it added. The nominations have been received from the Swiss parent firm Nestle SA. However, "the proposal is subject to necessary approval," said Nestle India. Tiwary is a Director at Amazon Digital Services and More Consumer Brand. He will step down from his directorship on October 30, 2024, the statement said. Tiwary, an alumnus of IIM Bangalore has nearly three decades of experience in leading large-scale operations and strategic initiatives in e-commerce and consumer goods sector. He join
Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle too look promising on technical charts; check key levels.
With India's economy expanding at the fastest pace among major emerging markets, companies are trying to serve its diverse palette
Nestle has been focusing on "RURBAN" and expanding its distribution reach. E-commerce continued to deliver double-digit growth
The company had reported a net profit of Rs 698.3 crore in the year-ago period
The fall in the share price came after the company announced its June quarter (Q1FY25) results, which missed street expectations.
Nestle India experienced robust revenue growth during the quarter. The company, analysts believe, gained from enhanced distribution. Thus, it is expected to see margin expansion of over 100 bps.
Company declares interim dividend of Rs 2.75 per equity share, final dividend of Rs 8.5 per equity share
Notably, SBI Life has recently broken out of this consolidation range and is now sustaining levels above it, indicating a potential upward trend
Penetration, premiumisation and innovation combined with disciplined resource allocation were the key growth drivers for the business, the report stated
A report by Public Eye and IBFAN showed that Nestle's baby foods in South Asian, African, and Latin American countries had notably elevated sugar content compared to their European counterparts.
As many as 57 per cent of the company's shareholders had rejected the proposal, the company had informed the exchanges
At 11:49 am; Nestle India (Rs 2,385.45), Pidilite Industries (Rs 2,988.45) and Divi's Labs (Rs 4,343.80) were trading higher by up to 1% higher, as compared to a near 5% decline in the BSE Sensex.
In its report dated May 3, Institutional Investor Advisory Services advised shareholders to vote against the resolution to hike royalty payment to its parent
The motion proposed to increase the royalty, paid to its parent, to 5.25 per cent of net sales, net of taxes, from 4.5 per cent at present
PepsiCo India has initiated trials to replace palm oil and palmolein with a combination of sunflower oil and palmolein in Lay's chips
Narayanan reiterated that according to FSSAI, the maximum permissible limit for added sugars is 13.6 gram per 100 gram of feed, while Nestle is at 7.1 gram of sugar per 100 gram
FMCG Major Nestle India will focus on volume growth going forward, in a market which is "still impacted by inflation", to be in the top quartile performance, company Chairman and Managing Director Suresh Narayanan said on Monday. The company, which will open the first boutique of its Nespresso premium range offering coffee and machines later this year in Delhi, is aiming for premium products, including those of health science, to account for 20 per cent of its sales in the long term. Nestle India is also looking to increase its total touchpoints to 60 lakh across the country in the next 4-5 years, up from 51 lakh at present, Narayanan said while speaking to reporters here. "The future of consumer goods companies will rest on their capability to penetrate more households, with more products for more occasions and usage," he said, while stressing on the need to shore up volume. Nestle India's objective is clearly to accelerate volume growth, he said adding the company had "a volume .