Nestle Products

Nestle CEO joins line of consumer bosses felled by rising living cost

After eight years as CEO of the Swiss maker of Nespresso coffee and Purina pet foods, Schneider will be replaced by Latin America chief Laurent Freixe

Nestle India stock drops 3% after Q1 earnings miss street estimates

The fall in the share price came after the company announced its June quarter (Q1FY25) results, which missed street expectations.

Nestle Q1 Preview: Analysts eye strong revenue growth, margin expansion

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.

Nestle India shareholders vote against hiking royalty payment to parent

In its report dated May 3, Institutional Investor Advisory Services advised shareholders to vote against the resolution to hike royalty payment to its parent

FSSAI collects samples of Nestle Cerelac's baby cereals amid sugar row

Regulator says it take 15-20 days to complete the process, responds after news report on consumer goods company

CCPA asks FSSAI to probe claim of Nestle adding sugar to baby products

Consumer protection regulator CCPA has asked Food Safety and Standards Authority (FSSAI) to look into the claim of a Swiss NGO, Public Eye and International Baby Food Action Network, that Nestle was selling baby products with higher sugar content in less developed countries like India. "We have written to the FSSAI to take cognizance of the report on Nestle's baby product," Consumer Affairs Secretary and the Central Consumer Protection Authority (CCPA) chief Nidhi Khare told PTI. The National Commission for Protection of Child Rights (NCPCR) has also taken note of the report and issued a notice to the FSSAI. According to findings by the Swiss NGO, Public Eye and International Baby Food Action Network (IBFAN), Nestle sold baby products with higher sugar content in less developed South Asian countries including India, Africa and Latin American nations as compared to markets in Europe. Meanwhile on Thursday, Nestle India had said it never compromises on compliance and it has reduced .

Here's what will happen to Nestle if found guilty in sugar controversy

'Nestle adds sugar to infant milk sold in less affluent nations, including India, but not in its primary markets like Europe or the UK,' said a report by Public Eye

Nestle adds sugar to baby food 'only in poor nations', not in UK & Europe

A report by Public Eye says that in India, all 15 Cerelac baby products contain an average of nearly 3 grams of sugar per serving

Nestle India results: PAT rises over 4% to Rs 655.6 cr in Dec quarter

Nestle India's net rose 8.27 per cent to Rs 4,583.63 crore during the period under review. It was at Rs 4,233.27 crore in the corresponding period of last fiscalpress

Nestle India Q3CY23 result: Profit up 37%; firm announces 1:10 stock split

The revenue from operations for Q3CY23 came in at Rs 5,036.8 crore, compared to Rs 4,601.8 crore year-on-year

Nestle India net profit up 24.7 per cent in January-March quarter

KitKat, Munch sweeten the quarter for the firm; Nescafe also packs a punch

Nestle has bigger appetite for India; increasing presence in rurban markets

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Nestle India could sustain sales growth outperformance in coming quarters

Near-term margins, however, may remain under pressure

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle India eyeing new categories to push growth: CMD Suresh Narayanan

Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Nestle slashes stake in L'Oreal by selling shares worth $10 billion

Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each

Nestle shrugs off Covid-19 impact thanks to pet food and health nutrition

The world's biggest food group has weathered the COVID-19 pandemic better than some peers as its focus on high-growth categories helped offset a slump in food sales to restaurants and cafes

Nestle cuts 2020 growth forecast as consumers ate into stockpiles in Q2

Swiss giant lowers its expectations for organic growth this year to 2-3%, from 'more than 3.5%' previously

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

HUL to Nestle, brands are using green marketing initiatives to woo buyers

As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings