Nestlé India Q1 Profit Jumps 48% on Strong Growth
Nestlé India reported a 48% year-on-year increase in net profit for the first quarter of FY2026-27, driven by strong volume-led growth across its product portfolio despite a challenging consumption environment. The company posted a net profit of ₹1,028 crore, compared with ₹694 crore in the corresponding quarter last year, while revenue from operations rose 8.5%…
PMFME Scheme Crosses 2 Lakh Enterprise Milestone
India’s Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme has crossed a major milestone, with more than 2 lakh micro food processing enterprises receiving credit-linked subsidies since the scheme’s launch in 2020, Union Food Processing Industries Minister Chirag Paswan announced. The supported enterprises have collectively mobilised over ₹20,300 crore in project investments, while…
Atelier Expressions Acquires Majority Stake in Khoya
Atelier Expressions, the premium lifestyle platform of TVS VENU, has entered into an agreement to acquire a majority stake in Lonestar Hospitality Private Limited, the New Delhi-based company behind the luxury handcrafted mithai brand Khoya, marking its expansion into India’s premium food and lifestyle segment. Subject to customary closing conditions, the transaction is expected to…
Nestlé India Bets Big on Rural Growth
Nestlé India sees rural and semi-urban markets as its biggest long-term growth opportunity, with Chairman and Managing Director Manish Tiwary stating that rising aspirations and deeper household penetration will drive the next phase of consumption growth. The company is strengthening its presence through wider distribution, digital investments and manufacturing expansion while focusing on volume-led growth…
Karnataka HC Backs Probe Into Doctor’s Viral Food Reel
The Karnataka High Court has permitted an investigation into a doctor who posted a viral social media reel alleging the presence of harmful substances in food products, observing that public communication by professionals must be responsible and supported by evidence. During the hearing, the Court remarked that individuals cannot “generate panic like this” through social…
Whey Protein Prices Surge as Global Demand Outpaces Supply
Global whey protein prices are soaring as demand from health-conscious consumers, food manufacturers, and users of GLP-1 weight-loss drugs continues to outpace supply, creating shortages across key markets. According to industry reports, whey protein concentrate (WPC 80) prices in the United States have risen more than 250% year-on-year, trading above US$13 per pound, while whey…
Mother Dairy Targets ₹24,000 Cr Revenue by FY27
Mother Dairy is aiming to scale up its topline to ₹24,000 crore in FY27, targeting over 20% revenue growth as it accelerates its transition from a regional player to a national dairy brand. The company reported a 17% increase in turnover to ₹20,300 crore in FY26 and now plans to expand beyond its core Delhi-NCR…
Nestlé India Profit Jumps 27% in Q4 FY26
Nestlé India reported a strong performance in Q4 FY2025-26, with net profit rising 27% year-on-year to ₹1,111 crore, driven by robust demand and improved product mix across key categories. Revenue also grew significantly by 23% to around ₹5,000 crore, reflecting steady consumption trends and premiumisation across its portfolio. The company’s growth was supported by strong…
GLP-1 Drugs May Reshape Dairy Demand
The rapid rise of GLP-1 weight-loss drugs is emerging as a potential disruptor for global dairy demand, as these medications significantly alter consumer eating habits by suppressing appetite and reducing overall calorie intake. Studies indicate that users typically cut food consumption by around 20% (nearly 800 calories per day) and shift away from high-fat, sugary,…
Top Dairy Giants Shape $1.5T Global Market
The global dairy industry is being reshaped by its top players as the market races toward a $1.5 trillion valuation, driven by consolidation, premiumisation, and protein-led innovation, according to . Leading companies are scaling aggressively through mergers and acquisitions while aligning portfolios with high-growth segments like functional nutrition and value-added dairy. Among the dominant players…