Nestle India reported a quarterly profit below market expectations on Friday, as a slowdown in consumer spending in major cities and higher product prices dampened its sales.
Three years ago, Nestle's chocolate business in the country had three times more revenue than Ferrero India. As per experts, it was because of diversification offered by Ferrero that this feat was ...
A year later, NESTLÉ India further expanded its portfolio and entered into the chocolate business with the launch of Nestle Premium Chocolate. NESTLÉ India Limited started manufacturing soya ...
For the quarter under review, Nestle India’s net profit rose to Rs 696 crore from Rs 655 crore in the same quarter of the last year. The FMCG company’s revenue from operations also increased to Rs ...
FMCG major Nestle India reported a 5% year-on-year (YoY) increase in consolidated net profit, reaching Rs 688.01 crore for the quarter ended December 2024, compared to Rs 655.61 crore in the same ...