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 ...

Nestlé India Q3 net profit rises 6% YoY to Rs 696 crore, meets estimates; cost pressures persist on coffee and cocoa.