Nestle India share falls after weak Q1FY25 results
Nestlé India continued to focus on innovation and sustainability, launching several new products and enhancing its digital engagement with consumers. Nestlé India has delivered an impressive performance in the first quarter of FY 25, reflecting strong growth across key financial metrics. The company’s commitment to innovation, efficiency, and sustainability has played a pivotal role in […]
Nestle India’s net profit down 4% in Q2, revenue up 16%
Nestle India posted a net profit of ₹515.34 crore in the second quarter ended June 30, down 4.3 per cent against ₹538.58 crore in the corresponding quarter of the previous fiscal. Revenue from operations grew 16 .1 per cent to ₹4,036.6 crore. The company’s board approved acquisition of the pet foods business from Purina Petcare […]
Nestle India’s Net profit jumps by 14.6% in last quarter of FY 20-21
Revenue from operations for the quarter ended 31 March was up 8.5% at ₹3,610.82 crore from the ₹3,325.27 crore it reported in the year-ago period Packaged foods company Nestlé India on Tuesday reported a 14.65% jump in March quarter net profit at ₹602 crore, slightly ahead of Street estimates, as the company reported double-digit growth in domestic sales […]
Nestlé India is looking to expand its footprint in the rural markets
Amid subdued growth in the urban markets, Nestlé India is looking to aggressively expand its footprint in the rural markets, with a target to reach 1,20,000 villages in the next 2-3 years, bolstered by targeted products as well as campaigns, Suresh Narayanan, Chairman and Managing Director, Nestlé India said. Speaking to select mediapersons, Mr. Narayanan […]