Nestlé India has reported robust volume-led double-digit sales growth for the second quarter of FY2025–26, with domestic sales surging to Rs 5,411 crore — its highest-ever quarterly figure.
In the second quarter of FY26, Nestlé India reported total sales of Rs 5,630.2 crore, marking a 10.9 per cent year-on-year increase, with domestic sales growing by 10.8 per cent. The company’s Ebitda stood at 22.0 per cent of sales, while profit after tax reached Rs 753.2 crore. Earnings per share (EPS) came in at Rs 3.90, compared to Rs 3.88 in the same period last year, excluding the impact of business divestitures.
Manish Tiwary, Chairman and Managing Director of Nestlé India, said the performance reflects strong consumer demand across key product categories. “Domestic sales grew at a double-digit rate, led by volume growth. Three out of four product groups delivered strong, volume-led double-digit growth,” he said, crediting the company’s employees and partners for their role in driving the achievement.
Tiwary also lauded the recent GST rate amendments by the Government of India, calling them a “positive step” that will enhance affordability and stimulate consumption across the FMCG sector. “We are working closely with our partners to pass on the benefits of revised GST rates to consumers,” he added.
Category Leaders Drive Momentum
Nestlé’s confectionery segment posted significant double-digit growth, led by Kitkat, which continues to gain market share and remains the company’s second-largest market globally. Expansions into rural India and the popularity of Munch and Milkybar further fuelled momentum.
The powdered and liquid beverages category, anchored by Nescafé, maintained high double-digit growth. The Prepared Dishes and Cooking Aids segment saw strong demand, with Maggi Noodles posting double-digit volume growth and Masala-ae-Magic sustaining its upward trajectory.
Meanwhile, the milk products and nutrition portfolio delivered a mixed performance, with some sub-categories showing improvement. The Pet Food business recorded its highest turnover since integration, boosted by new Purina Friskies launches.
Out-of-Home & Ecommerce Channels Surge
Nestlé Professional, the out-of-Home business, achieved strong double-digit growth, making India the second-largest market in the Asia, Oceania, and Africa zone. Ecommerce also maintained solid momentum, supported by festive demand, new launches such as Kitkat Delights and Maggi Double Masala, and deeper platform partnerships. “Our omni-channel approach ensures that our brands are available wherever consumers are — whether online or in-store,” Tiwary said.
Expanding Manufacturing & Market Reach
Nestlé India has commissioned a new Maggi Noodles production line at its Sanand factory in Gujarat, reinforcing its commitment to local manufacturing. The company is also accelerating investment in capacity expansion and brand innovation under its Rs 50 crore “Moments That Matter” campaign, repositioning Interio by Godrej as a destination for “modern Indian living.”
Tiwary emphasised the company’s strategy of “penetration-led volume growth,” supported by digital tools like AR, VR, and AI for product discovery. With over 70 per cent of digital traffic coming from beyond top metros, Nestlé India aims to expand its reach to 1,500 stores and 18,000 pin codes.
Commodity Outlook
Milk prices are expected to soften post-festive season, while coffee and cocoa markets may stabilise. However, edible oil prices could remain firm amid tight global supply-demand conditions. Concluding his statement, Tiwary expressed confidence in the company’s growth trajectory: “We will remain fast, focused, and flexible — adapting to market dynamics as they evolve. With our dedicated team and strong brand equity, we are building a future-ready Nestlé India.” |
