Page 6 - Nestle India

Industry to face 'new normal' once Covid-19 crisis ends: Suresh Narayanan

Apart from adapting to changes like remote workplaces and stricter hygiene measures at manufacturing units, the crisis may alter the way brands communicate with their consumers

Merger complete, focus now shifts to integration of HUL-GSK operations

The merger will also give HUL access to brands such as Horlicks and Boost, pitting the company against rivals such as Nestle India, another big player in the health and nutrition segment.

FMCG shares in focus; Hindustan Unilever, Nestle India near record highs

Britannia, Dabur India, ITC, and Emami gained over 5 per cent each on the NSE

Nestle India's resurrection from Maggi debacle is virtually unparalleled

During the year, Nestle India strengthened its distribution base, sales capabilities and execution skills to secure the leadership position in most categories

GSK Consumer merger sets stage for Hindustan Unilever, Nestle face-off

The NCLT nod paves the way for the final leg of the merger process, including an announcement of the record date (of the merger) and share allotment

Nestle hits 52-week high on strong Dec quarter result, dividend bounty

The final dividend, if approved by the shareholders at 61s1 AGM, shall be paid on and from May 28, 2020

Nestle India posts 38.4% rise in net profit at Rs 473 crore for Dec quarter

FMCG major Nestle India Ltd on Thursday reported a 38.40 per cent increase in net profit at Rs 473.02 crore for the quarter ended December, helped by volume growth. The company, which follows January-December financial year, had posted a net profit of Rs 341.76 crore in the corresponding quarter a year ago. Net sales rose 8.75 per cent to Rs 3,130.74 crore during the quarter under review as against Rs 2,878.83 crore in the corresponding quarter last year, Nestle India said in a regulatory filing. Domestic sales rose 10.04 per cent to Rs 2,960.78 crore as against Rs 2,690.51 crore in October-December 2018. However, exports declined 9.74 per cent to Rs 169.96 crore during the quarter under review from Rs 188.32 crore a year ago. Domestic sales increased through a combination of 'volume & mix', while exports dropped due to lower exports of coffee to Turkey, the company said in a statement. Total income during October-December quarter rose 7.45 per cent to Rs 3,193.99 crore as agains

Market Ahead, February 13: All you need to know before the Opening Bell

Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today

Dabur, Nestle and Britannia: FMCG on course for Nifty inclusion hat-trick

The inclusion of consumer stocks comes at a time when valuations in the space have reached record levels

Nestle India hits fresh all-time high; m-cap nears Rs 1.5 trillion

Currently, Nestle India stands at 20th position in overall ranking of listed companies with market cap of Rs 1.47 trillion

How inflation may make your fav snack a little more expensive

However, your soft drinks and juices will remain immune to the hike, despite the recent surge in sugar prices. Thanks to Coca-Cola and PepsiCo.

How commodity price inflation is prompting FMCG firms to increase prices

The last of a two-part series looks at how commodity price inflation is prompting firms to increase prices

FMCG companies' Q3 volume growth may be slowest in ten quarters

Delayed winter, disruption in traditional trade channel, weak rural demand led to low product offtake

The decade saw its fair share of brand bashing, bans and boycotts

The decade is defined by globalised consumption patterns and a tetchy consumer-brand relationship

Mondelez, Ferrero among chocolate majors to post healthy top-line growth

Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue.

GST anti-profiteering watchdog NAA imposes Rs 90-crore fine on Nestle

"The amount of Rs 73 crore shall be deposited within the next three months from the date of passing this order," the order said

Nestle India prepares the ground as HUL-GSK Consumer merger nears

Relaunch of health food drink Milo receives positive feedback; more variants likely

Slowdown an opportunity for engagement: Nestle India CMD Suresh Narayanan

Slowdown or no slowdown, there will be certain brands and categories that will do well, says CMD Narayanan

Continued pressure on Nestle India margins may hurt investor returns

Growth of nearly 10 per cent in top line in the July-September quarter failed to cheer the Street, as higher input costs led to pre-tax profit growth hitting a 10-quarter low of 4.2 per cent

Nestle India Q3 profit up 33% at Rs 595 cr on higher domestic sales growth

Nestle's total expenses were at Rs 2,572.32 crore during the quarter as against Rs 2,334.63 crore earlier, up 10.18%