Nestle Products

Nestle India hits 52-week high on strong Q2 domestic sales, upbeat outlook

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.

Nightmare at Nestle: World's biggest food company faces a reckoning

The share price has dropped more than 40 per cent since a peak in 2022, hit by falling volumes, bloated costs, volatile consumer demand, and missteps by a management team

Trouble brews at Nestle: CEO's ouster raises questions on what's next

Nestle dismissed its CEO Laurent Freixe, with immediate effect after an internal investigation confirmed his romantic involvement with a direct subordinate

Nestle India Q1 profit down 13% to Rs 647 cr, Manish Tiwary named CMD

Nestle India's Q1 profit declined for a second quarter amid high costs; volume growth in key categories and strong e-commerce helped offset margin pressures

Nestle beats sales forecasts but expects profit margin to shrink in 2025

Under new CEO Laurent Freixe, the company is trying to grow sales volumes, invest in innovation and restore investor confidence after years of soaring prices alienated shoppers

Nestle India Q3 results: Profit rises over 6% to Rs 696 cr, revenue up 4%

For Nestle India, home to Nescafe instant coffee and KitKat chocolate brands, revenue increased nearly 4 per cent to Rs 4,780 crore

No impact of Swiss withdrawal of MFN status to country: Nestle India

FMCG major Nestle India on Thursday said the suspension of the MFN (most favoured nation) clause granted to India by Switzerland will have 'no impact' on the company. The suspension of MFN status under the Double Taxation Avoidance Agreement (DTAA) is a policy issue between the government of India and Switzerland and is not 'Nestle-specific', the FMCG firm said in a statement. Nestle India, which owns popular brands such as Maggi, Nescafe and KitKat, said the company was already "deducting 10 per cent withholding tax" on cross-country payments. Earlier on December 11, the Swiss government had announced the suspension of the MFN status granted to India following a ruling by the Supreme Court of India, which in a judgement last year had said MFN status under the DTAA cannot be enforced unless notified under Section 90 of the Income Tax Act. This judgement of the apex court had come in a case related to Nestle, where it overturned an earlier order passed by the Delhi High Court in 202

Nestle to restructure after it misses nine-month organic sales forecast

In July, Nestle had said it expected full-year organic sales growth of at least 3 per cent and that its UTOP margin for 2024 would grow moderately

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