Nestlé India Returns to Volume-Led Growth; Q1 FY26 Net Profit at INR 659.2 Cr

The FMCG giant posted a net profit of INR 659.2 crore, supported by robust performances in Powdered & Liquid Beverages, Confectionery, and Prepared Dishes & Cooking Aids. EBITDA stood at 21.7% of sales, with an EPS of INR 6.84.

Nestlé India reported a 5.9% increase in total sales for the first quarter of FY26, reaching INR 5,074 crore, as the company made a strong comeback with volume-led growth across three of its four major product categories.

The FMCG giant posted a net profit of INR 659.2 crore, supported by robust performances in Powdered & Liquid Beverages, Confectionery, and Prepared Dishes & Cooking Aids. EBITDA stood at 21.7% of sales, with an EPS of INR 6.84.

“Seven of our twelve top brands registered double-digit growth. MAGGI noodles, NESCAFÉ, and KITKAT were standout performers this quarter,” said outgoing Chairman & MD Suresh Narayanan.

Key Highlights

NESCAFÉ grew double digits for another quarter, driven by demand in both mass and premium segments.

MAGGI bounced back with strong momentum in volume terms, fuelled by spicy variants and quick commerce.

KITKAT, MUNCH, and MILKYBAR led confectionery growth, particularly in urban markets.

The e-commerce channel contributed 12.5% to domestic sales, buoyed by newer launches and faster delivery models.

Despite headwinds like high operational costs and increased finance expenses due to bank borrowings, Nestlé expressed confidence in commodity price stabilization, citing softening trends in milk, edible oils, and coffee.

Exports rose in high double digits, and the Out-of-Home segment emerged as the fastest-growing vertical, now boasting over 1,000 NESCAFÉ Corners and MAGGI Hotspots across India.

 

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