The company also recommended a final dividend of Rs 5 per equity share for the financial year 2025-26. It has set Friday, July 10, as the record date to determine shareholder eligibility for the dividend.
The company’s net profit and revenue exceeded Dalal Street estimates of Rs 926 crore and Rs 6,196 crore, respectively.
The KitKat maker’s standalone bottom line grew 26% YoY on a standalone basis to Rs 1,114 crore, while, topline increased 23% Rs 6,748 crore.
Management Speak
Commenting on the standalone results, Chairman and Managing Director Manish Tiwary said Nestle India delivered high double-digit growth and recorded
its highest-ever domestic sales, at Rs 6,445 crore. “This performance was powered by double-digit volume growth, driven by over 50% increase in advertising spends, whilst delivering a healthy EBITDA margin of 26.3%. Total sales and domestic sales for the quarter increased by 23.4% and 23.1%, respectively. Encouragingly, all product groups contributed to this performance.” Tiwari said.
Penetration and premiumisation, combined with disciplined resource allocation and strong execution, have been key in driving growth, he added.
Nestle’s March quarter earnings impressed investors as the stock surged 5% to hit its fresh 52-week high of Rs 1,358.90 on the NSE. The price action was amid strong volumes as over 55 lakh shares changed hands around 2:50 pm today.
