India becomes largest market for Maggi in FY24, company to launch Nespresso by 2024-end
Nestle India posted a net profit of ₹934.17 crore in the March quarter, up 27 per cent year-on-year, on the back of strong growth momentum across its product portfolio. Revenue from operations rose 9.05 per cent to ₹5,267.59 crore. The company announced that it has inked a definitive agreement with Dr. Reddy’s Laboratories to form a […]
Nestle Registers Single-Digit Growth In Indian Market For 2nd Quarter
Swiss food and drink company Nestle has reported a ‘mid-single-digit growth’ in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat. Overall, the South Asian market has”continued to perform well”, Nestle said on Wednesday in its post earning statement. “India posted strong mid-single-digit growth, with good momentum in […]