Nestle India Limited — Important, 24-07-2025: General Updates
24-07-2025 | 11:47 am
24-07-2025 | 11:47 am
Nestlé India's Board approved the financial results for the first quarter, reporting a 5.9% sales growth to INR 5,074.0 Cr and a Net Profit of INR 659.2 Cr. The company saw a return to volume-led growth in Prepared Dishes, Beverages, and Confectionery. While elevated commodity prices and higher operational costs impacted the quarter, edible oil and cocoa prices are stabilizing, and coffee shows a declining trend. E-commerce contributed 12.5% to domestic sales. Mr. Manish Tiwary will assume the Chairman and Managing Director role following Mr. Suresh Narayanan's retirement.
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