Nestle India has reported a decline in its net profit by 23.64% year on year (YoY) at Rs 753.2 crore in the second quarter of the financial year 2026. However domestic sales increased 10.8% YoY at Rs 5,411 crore, marking it the highest ever quarterly domestic sales. The company’s total sales rose 10.9% YoY to Rs 5,630.2 crore. Its exports surged 14.4 per cent to Rs 219.21 crore.
The share price of Nestle rose 2.4% after the results.
Here are the key highlights from Q2FY26
The profit before exceptional items and tax stood at Rs 1,028.52 crore. Revenue from operations rises 10.57% at Rs 5,643.61 crore from Rs 5,104 crore in Q2FY25.
EBITDA stood at 22% of sales at Rs 1,236.64 crore. Earnings per share came in at Rs 3.90, compared to Rs 3.88 in the same period last year.
Chairman and Managing Director Manish Tiwary said the company’s growth was largely driven by volumes. “Three out of four product groups delivered strong, volume-led, double-digit growth. Our domestic sales reached Rs 5,411 crore, the highest ever recorded in any quarter. I would like to thank our employees for their commitment and resolve,” he said.
The Confectionery business grew at a strong pace, led by KITKAT, MUNCH, and MILKYBAR. “KITKAT was the largest growth driver and continued to gain market share. India remains the second largest KITKAT market for Nestlé worldwide,” Tiwary said.