Nestle India expanded its export footprint to 28 countries through 127 million equivalent consumer units in FY26. | Photo Credit: REUTERS/DENIS BALIBOUSE

Nestle India posted a consolidated net profit of ₹1110.9 crore in the March quarter up 27.18 per cent over ₹873.46 crore in the corresponding period in the previous fiscal. Consolidated revenue from operations grew 22.6 per cent to ₹6747.79 crore. The company’s board approved a final dividend of ₹5 per share for FY 2025-26.

Manish Tiwary, Chairman and Managing Director of Nestlé India, said, “In this quarter Nestlé India delivered high double-digit growth and recorded its highest-ever domestic sales, at ₹6,445 crore. This performance was powered by double-digit volume growth, driven by over 50 per cent increase in advertising spends.”

Total sales grew by 23.4 per cent and domestic sales grew by 23.1 per cent in the March quarter. “Encouragingly, all product groups contributed to this performance. Penetration and premiumization, combined with disciplined resource allocation and strong execution, have been key in driving growth...amidst the demanding external environment,” he added.

Tiwary noted that during FY2026, the company remained focused on the fundamentals delivering double-digit, volume-led growth alongside strong market share gains. He added that over the last five years, the company’s power brands Maggi Noodles consistently maintained its leadership position in the market, while Kitkat and Nescafe have accelerated market share growth.

“We progressed on our structural cost-efficiency agenda and delivered our highest-ever operational cost savings, which enabled higher reinvestments behind brands, accelerated digital, tech-enabled capabilities across sales and operations. We maintained tight discipline on profitability and cash generation and continued to upgrade and expand capacity prudently to meet growing consumer and customer demand and support future growth. Technology was leveraged to eliminate costs that did not add value to consumer and customers,” he added.

While Confectionery portfolio grew at a high double-digit pace in both value and volume, the Powdered and Liquid Beverages segment posted high double-digit growth. Prepared Dishes and Cooking Aids portfolio posted strong volume-driven growth. “Milk Products and Nutrition product group showed resilience, delivering steady growth. The Pet food business reported high double-digit growth,” Tiwary noted. He added that Nestlé Professional emerged as one of the fastest-growing business as it delivered “sustained, penetration-led, volume-driven growth.”

“In rural markets, we strengthened our route-to-market and accelerated reach expansion through a focused approach. The integrated approach delivered a strong scale-up in total reach across geographies, supporting the highest reach increase among industry peers, driven primarily by rural markets — expanding our presence to about 216,000 villages and sharpening the focus from adding outlets to improving the effectiveness of coverage and execution quality,” Tiwary added.

In terms of channels, the company said in the e-commerce segment growth momentum in FY26 was led by strong quick commerce performance. Organised trade channel delivered double-digit growth across key categories. “We continued to execute an omni-channel strategy aligned to the evolving retail ecosystem, scaling e-commerce and quick commerce, strengthening modern trade and chain pharmacy, and sustaining growth through general trade across semi-urban and rural markets,” Tiwary added.

Meanwhile, Nestle India expanded its export footprint to 28 countries through 127 million equivalent consumer units in FY26.

In its commodity outlook, the packaged food major noted that while coffee prices continued to trend lower, cocoa prices remain subdued. “ Edible oil prices are firm and have moved higher in line with global crude oil prices, supported by increased diversion to biodiesel. Wheat has been affected by unseasonal rains in April, resulting in a delayed harvest and lower quantity and quality. Milk prices have firmed and are expected to remain elevated through the summer lean season,” it added in a statement.

Published on April 21, 2026