Manish Tiwary reported major quarterly gains for Nestlé India across India today. Consolidated net profit reached ₹1,009.6 crore despite intense market challenges. The figure marks a 35.9 percent increase over the prior year.
Revenue from operations jumped 20.3 percent to ₹6,788.3 crore. Operating profit rose 31.8 percent to ₹1,618.6 crore. Advertising and marketing investments increased 46 percent.
Shares became the top loser on the NIFTY. The stock dropped 7.5 percent.
Shares hit an intra-day low of ₹1,259.70 on the BSE. That was the worst single-day drop since March 23, 2020. The company warned about persistent food inflation and commodity price pressures.
Brand performance remained positive across India product categories:
- KITKAT expanded market share and led double-digit volume growth alongside MUNCH and MILKYBAR.
- Maggi noodles delivered strong growth in prepared dishes and cooking aids.
- Nescafé led volume growth in powdered and liquid beverages.
- Pet food delivered double-digit growth backed by digital engagement.
- Milk products and nutrition gained broad-based growth with ongoing portfolio optimization.
Sales expanded across major distribution channels. E-commerce maintained a high growth pace through quick-commerce platforms. Urban and rural markets both delivered double-digit growth. Direct rural distribution touchpoints also expanded.
The company provided details on commodity trends. Coffee and wheat should remain range-bound. Sugar and edible oils stabilized at elevated levels. Cocoa remains volatile due to weather-related crop issues in origin regions. Milk prices showed seasonal strengthening but may ease with flush supplies.
Public companies file regular earnings statements to inform markets about operational performance. These quarterly reports track sales revenue, expenses and bottom-line profit changes. Regulators review the filings to guarantee full transparency for public investors.
Tiwary oversees operations across India as Chairman and Managing Director.
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