Nestlé India Profit Climbs 36% as Shares Retreat After Results
The company reported higher quarterly profit and sales, while its shares fell sharply after the earnings announcement before recovering some losses.
Key takeaways
- Nestlé India reported second-quarter net profit of ₹1,026.70 crore, up 36.3% year over year.
- Sales rose 20.5% to ₹6,782.17 crore, according to Business Standard.
- Shares fell to an intraday low of ₹1,260 on the NSE after the results.
Nestlé India reported second-quarter net profit of ₹1,026.70 crore, up 36.3% from a year earlier, as sales rose 20.5% to ₹6,782.17 crore, according to Business Standard. The results were for the quarter ended September 2026.
EBITDA increased 31% to ₹1,615.48 crore. The Economic Times reported that the standalone profit was ₹1,027 crore and revenue from operations was ₹6,788 crore. It also said the operating margin improved to 23.8%, from 21% a year earlier.
Nestlé India shares fell as much as 9% to an intraday low of ₹1,260 on the NSE after the results, Business Standard reported. The stock later traded 4% lower at ₹1,329 at 12:55 p.m. As of 07:56 UTC, shares were at ₹1,308.50, down 5.4% since the previous close.
The company said food inflation remained a challenge and cited commodity cost pressures. It expects coffee and wheat to remain range-bound, while sugar and edible oils have stabilized at elevated levels; cocoa remains volatile, and milk prices have strengthened seasonally.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
