Nestle posted its September quarter earnings on Thursday.
(photo: company fb page) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Nestle India Ltd. reported a double-digit decline in profit for the September quarter of the financial year ending March 2026.
Standalone net profit for the quarter ending September fell 23.7% to Rs 752 crore from Rs 986 crore a year earlier, according to its notification to the exchanges on Thursday.
Meanwhile, revenue rose 10% year-on-year to Rs 5,644 crore, comfortably beating Bloomberg’s estimate of Rs 5,350 crore.
Margin saw a 120 basis point contraction and stood at 21.9% compared to 23.1% during the same period last year.
Nestle India Q2 Results: Key Highlights (Standalone, YoY)
Revenue up 10.5% at Rs 5,643 crore versus Rs 5,104 cro