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- Important
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Nestlé India has announced a board meeting to consider the financial results for the quarter and half-year, along with dividend declarations. The company reported a 10.3% CAGR in revenue over the past decade, driven by strong growth in Powdered and Liquid Beverages, Confectionery, Prepared Dishes & Cooking Aids, and Milk Products & Nutrition. It is investing ₹900 Cr in a new factory in Odisha to expand capacity. E-commerce and RUrban initiatives are boosting market penetration, supported by digital sales tools. Sustainability efforts focus on climate action, water stewardship, renewable energy, responsible sourcing, and plastic neutrality. CSR programs have benefited about 16 million people through nutrition, water, sanitation, education, and rural development. Profit after tax was ₹331.45 Cr, with a proposed final dividend of ₹10 per share pending approval. Leadership changes include Manish Tiwary becoming Managing Director from August 2025. The company maintains strong governance, with clean auditor reports confirming robust internal controls.