Nestlé Q2: Revenue Rises, Profit Slips on Cost Surge
Nestlé India’s Q2 FY26 results reflect a classic growth-versus-cost tug of war. While revenue climbed ~10.6% YoY to ₹5,643.6 crore, net profit fell ~17.4% to ₹743.2 crore, as input costs and expenses surged. Domestic sales reached ₹5,411 crore, marking the highest ever quarterly domestic revenue for the company. The dip in profit is partly due…
Nestlé CEO cuts 16000 jobs Amid Global Sales Slump
New CEO Philipp Navratil Announces Sweeping Layoffs Over Two Years, Citing Need to Accelerate Change After Sales Decline to €71 Billion. Nestlé, the colossal Swiss food manufacturer, has announced massive global restructuring that includes eliminating 16,000 jobs worldwide over the next two years. The drastic measure was revealed by the new chief executive, Philipp Navratil, in a statement addressing the multinational corporation’s performance. This move…
Nestlé Exits Dairy Methane Alliance, Sparks Concern
Swiss food giant Nestlé has officially withdrawn from the Dairy Methane Action Alliance, a global coalition formed in December 2023 by major food companies to reduce methane emissions from dairy supply chains. The alliance counts members such as Danone, Kraft Heinz, Starbucks, Bel, and General Mills, who have committed to measuring, reporting, and reducing dairy-related…
Building a Culture of Consistency in Dairy
Consistency in dairy products is not just a technical challenge—it is a strategic necessity. Consumers expect the same taste, texture, and quality every time they buy milk, butter, cheese, or yogurt. However, delivering uniformity in dairy products is far more complex than in many other industries. It requires managing multiple variables, from breed and feeding…
Nestlé Eyes Starbucks Coffee Partnership in India
Nestle, which has a global coffee partnership with Starbucks to sell its consumer packaged goods in the retail channel, is evaluating opportunities to extend it to India. The beverage retail business of Nestle India crossed the ₹2,000 crore-mark in the 12 months period ended December led by brand Nescafe. The packaged food major is also introducing its super…
Nestle’s baby products complying with regulations
Taking cognisance of the report released by Swiss NGO Public Ey,e which raised concerns regarding levels of “added sugar” in Nestle’s baby food brand Cerelac in India, the Food Safety and Standards Authority of India (FSSAI) tested baby food products in India and found them to be in compliance with India’s infant nutrition regulations. Added…
Switzerland suspends MFN status for India under DTAA
Switzerland has suspended the most favoured nation (MFN) status granted to India following an adverse court ruling against Nestle. This means increased tax liabilities for Indian entities operating in Switzerland. From January 1, Indian companies will be subject to a higher withholding tax on income generated in Switzerland. tax demand on mncs The decision follows…
Nestle Launches Sugar-Free Cerelac Variants in India
FMCG major Nestle India on Thursday said it will soon launch variants “with no refined sugar” of its infant food Cerelac. The announcement is important as Nestle India, part of Swiss multinational Nestle SA, recently faced criticism for having added sugar in Cerelac. In the company’s earnings statement CMD Suresh Narayanan said: “We have achieved…
Nestlé Innovates by enhancing Nutrition Without Compromising Taste
Reducing Fat , sugar and fat Nestlé is dedicated to developing science-based solutions to enhance the nutritional value, affordability, and sustainability of its products. This effort includes reducing added sugars, sodium, and saturated fat while ensuring products retain the taste and texture that consumers love. Nestlé’s R&D teams have achieved a breakthrough by reducing the…
Innovation key pillar of growth for Nestle India
Packaged foods major Nestle India has said that it is investing in innovation as an engine for growth in the country since India is the fastest-growing market for it globally. “Our total sales witnessed a double-digit growth as we navigated a dynamic market landscape,” said Suresh Narayanan, chairman and managing director (CMD), Nestle India, in…