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NEW DELHI: FMCG major Nestle India on Friday reported a 45.12 per cent rise in consolidated net profit to Rs 998.42 crore for the third quarter ended December 2025, on the back of a nearly five-year high volume growth, driving its highest-ever quarterly revenue.The company had posted a consolidated net profit of Rs 688.01 crore…
Nestle India plans to sharpen its focus on leveraging technology to accelerate its business, invest in legacy brands, and drive volume-led expansion. Outlining the company’s priorities in his first interview since taking charge in Aug, Manish Tiwary, the CMD and the first external hire globally to step into the Swiss packaged food maker’s corner office…
Mumbai: Consumer firms Eternal (formerly Zomato) and Nestle India recorded a revenue surge in the Sept quarter, signalling a gradual recovery in demand that had been sluggish for several quarters on the back of tepid urban spending. Net profits for the firms, however, declined on a year-on-year basis even though they rose sequentially.Eternal’s revenue from…
Swiss food giant Nestlé on Thursday announced that it is planning to eliminate 16,000 jobs worldwide over the next two years, as its new CEO, Philipp Navratil, vowed to accelerate transformation amid slowing growth.“The world is changing, and Nestlé needs to change faster,” Navratil said in a statement. “This includes making hard but necessary decisions…
Nestle shares dipped on Wednesday after the food and beverage giant announced the “earlier than planned” exit of its chairman, Paul Bulcke, marking another shake-up at the top of the Swiss multinational.The news sent Nestle’s stock down 0.51% to 71.52 Swiss francs ($90.80) in early trading, weighing on the Swiss stock exchange’s SMI index, which…
