Stories
Nestle India Q2 Net Profit Soars 36.3% To Rs 1,026 Crore On Strong Volume Growth
- •Nestle India reported a 36.32 percent rise in consolidated net profit to Rs 1,026.77 crore for the September quarter of FY27, driven by double-digit volume growth.
- •Revenue from the sale of products rose 20.45 percent to Rs 6,782.17 crore, with total sales reaching Rs 6,782.2 crore.
- •Chairman and Managing Director Manish Tiwary noted that advertising and marketing spend increased by 46 percent during the quarter, maintaining a healthy EBITDA margin of 23.8 percent.
- •Key brands including KitKat, Munch, Milkybar, Nescafe, and Maggi delivered strong performance, contributing to robust domestic sales growth of 20.4 percent.
- •The company highlighted concerns over rising food inflation and volatile cocoa prices, while planning to navigate challenges through continuous innovation and operational efficiencies.
Key Questions Answered
Nestle India reported a 36.32 per cent year-on-year rise in consolidated net profit at Rs 1,026.77 crore for the September quarter of FY27. Its revenue from the sale of products rose 20.45 per cent to Rs 6,782.17 crore during the same period.
The confectionery business achieved strong double-digit, volume-led growth driven by KitKat, Munch, and Milkybar. Beverages grew through household reach and premiumisation, while Maggi noodles expanded rural reach and Maggi Masala-ae-Magic increased penetration. Pet food also saw double-digit growth.
Chairman and Managing Director Manish Tiwary flagged rising food inflation as a reality that creates commodity cost pressures. While coffee and wheat prices are expected to remain range-bound, cocoa remains volatile due to weather-driven crop concerns.
