The Bharat Playbook: Britannia, Nestle improve their rural game, more focus on direct reach Britannia has appointed 28,000 rural preferred dealers (RPD), leading to consistent market share gains, it said during its September quarter… November 23, 2022 05:20 IST
Nestle Q3 net profit up 8.25 pc at Rs 668.34 cr; net sales rise 18.24 pc to Rs 4,591 cr Nestle India’s net sales rose 18.24 per cent to Rs 4,591 crore during the period under review against Rs 3,882.57… Updated: October 19, 2022 14:05 IST
Hindustan Unilever vs Nestle India; Nestle to outperform HUL in long term Higher scope for margin expansion for Nestle with HUL. September 27, 2022 02:45 IST
Nestle India reports 4.3% profit fall as inflation hits bottom line The company’s revenue from operations surged nearly 16% y-o-y to Rs 4,036.57 crore during the quarter, driven primarily by pricing. July 29, 2022 03:30 IST
Nestle India to acquire pet foods business of Purina PetCare In a statement, Suresh Narayanan, chairman and managing director, of Nestle India said that the pet food business has evolved… July 29, 2022 03:20 IST
Nestle India seeing ‘early signs of commodity prices softening’, but these items’ costs to remain firm Nestle India today said that it is seeing early signs of softening of prices in commodities such as edible oils… July 28, 2022 18:07 IST
Nestle India Q2 net profit falls as higher costs eat away sales growth; here’s how much it earned in Apr-Jun Nestle India today reported its second quarter net profit fell 4.31 per cent on-year, as higher costs of raw materials… July 28, 2022 15:30 IST
Nestle, Wipro, Paytm, PNB among 270 BSE stocks to hit fresh 52-week lows; 40 scrips at new 52-week highs BSE Sensex and Nifty 50 were trading 2 per cent down on Thursday, a day weekly F&O expiry. May 12, 2022 12:53 IST
Consumer firms turn to ‘bridge packs’ to sustain margins But the companies are unable to take direct price hikes in lower-priced packs for the fear of hurting demand in… May 10, 2022 01:15 IST
Nestle, Zomato among 121 stocks to hit 52-week low on BSE, 88 scrips at fresh highs Indian equity markets continued to trade in the red on Monday amid weak global cues. A total of 88 stocks… May 9, 2022 13:41 IST
Nestlé India Rating ‘Buy’; Decent results in face of challenges While revenue growth was consistent, margins took a hit due to inflation; target price cut to Rs 21,430 from Rs… April 25, 2022 00:15 IST
High raw material, packaging costs hit Nestle India, profit slips 1.2% to Rs 595 crore The company will be facing this “turbulence” with strategies of scale, efficiencies, mix and pricing all of which we will… April 22, 2022 00:30 IST
Nestle India profit falls to Rs 595 cr in Jan-Mar amid high inflation; raw materials costs at 10-yr high Nestle, the maker of Maggi noodles, KitKats and Nescafe, said revenue rose 10.2 per cent year-on-year at Rs 3,980.7 crore… April 21, 2022 13:27 IST
Consumer staples lose steam on rising inflation The fall would have been much steeper, but for cigarette major ITC, which held up with a 12.3% gains. ITC… April 7, 2022 03:30 IST
Hindustan Unilever, Nestlé hike prices of coffee, tea and noodles Last month, Nestlé had raised the price of Nescafe coffee by 6% and Nestea Ice Tea by 11%. March 15, 2022 02:00 IST
Analyst Corner: Maintain ‘buy’ on Nestlé with TP of Rs 20,300 Gross margin contracted by -205bps due to high input costs, but EBITDA margin was up by 51bps to 23.2% on… March 8, 2022 08:44 IST
Rising raw material prices could dent Nestle India’s stock performance as storm clouds of inflation appear Nestle India’s Chairman and MD Suresh Narayanan said six of the raw materials used by the company, including edible oil,… Updated: February 18, 2022 14:35 IST
Nestlé India Q4 profit dips 20% to Rs 386.66 crore, revenue up 8.9% The company, which follows a January-December financial year, had posted a profit of Rs 483.31 crore in the same period… Updated: February 17, 2022 21:10 IST
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