Nestlé India reported its Q2 FY26 results, revealing a 23.6% year-on-year decline in standalone net profit to ₹753.2 crore, despite a 10.6% increase in revenue from operations, which rose to ₹5,643.6 crore.
The company’s EBITDA margin stood at 22% of sales, reflecting strong operational efficiency. Earnings per share (EPS) for the quarter were ₹3.90, slightly higher than ₹3.88 in the same period last year, excluding a one-time income of ₹290.8 crore from a divestiture recorded previously.
Domestic sales reached ₹5,411 crore, marking the highest-ever quarterly tally for Nestlé India.
This performance was driven by volume-led growth across key product segments, including Maggi noodles, Nescafé coffee, and chocolates like Munch and Milkybar. Exports also recorded high double-digit growth, supported by strong demand across product groups.
Analysts had estimated a net profit of ₹729 crore and revenue of ₹5,307 crore for the quarter. The actual results surpassed these expectations, indicating robust sales performance despite profit pressures.
In response to the results, Nestlé India’s Managing Director, Manish Tiwary, emphasized the company’s commitment to expanding its presence across channels through an omni-channel approach, with e-commerce maintaining strong momentum.
The company added a new MAGGI noodles production line at its Sanand factory in Gujarat and plans to accelerate brand and manufacturing investments. Nestlé India expects milk prices to soften after the festive season and coffee prices to stabilize, while edible oil prices may stay firm globally.
Despite the profit decline, Nestlé India’s shares rose by over 4% to ₹1,270.50 on October 16, reflecting investor optimism driven by strong volume-led sales growth and a better-than-expected performance on profitability.
Overall, while Nestlé India’s Q2 FY26 results showed a decline in profit, the company’s strong revenue growth and strategic investments position it well for continued success in the competitive FMCG sector.
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