Nestlé India reported strong Q3 2025-26 results, with a record turnover driven by robust volume growth of 18.5%. The company’s highest-ever quarterly turnover reached INR 5,643.5 crore. The Board approved an interim dividend of ₹7 per share. All four product groups delivered positive volume-led growth, with confectionery leading the way. The company plans to invest further in capacity building and brand investments.
Financial Performance Highlights
Nestlé India achieved a record quarterly turnover in Q3 2025-26, driven by strong volume growth. Key highlights include:
- Turnover: Reached INR 5,643.5 crore, the highest ever for a quarter.
- Volume Growth: Increased by 18.5%, signaling strong demand across key categories.
- Advertising Spend: Increased by 42% year-on-year, demonstrating a commitment to brand building.
- EBITDA Margin: Stood strong at 21.3%.
Dividend Announcement
The Board of Directors has declared an interim dividend of ₹7 per equity share for the financial year 2025-26, payable from February 26, 2026.
Product Category Performance
All four product groups within Nestlé India reported positive volume-led growth:
- Confectionery: Led the growth, driven by strong volume increases, supported by increased advertising and store presence.
- Powdered and Liquid Beverages: Continued its robust growth, marking 18 consecutive quarters of double-digit sell-out growth.
- Prepared Dishes and Cooking Aids: Registered strong double-digit value growth due to accelerated volume.
- Milk Products and Nutrition: Showed improved performance with mid-single-digit growth.
Key Appointments
The Board approved the following key appointments:
- Mr. Edouard Dominique Jean Mac Nab: Appointed as an Additional Director and Whole-time Director, designated as “Executive Director – Finance & Control and Chief Financial Officer,” effective March 1, 2026. He succeeds Ms. Svetlana Boldina.
- Mr. Jagdeep Singh Marahar: Approved for appointment as a Whole-time Director, designated as “Executive Director – Technical,” effective June 1, 2026, succeeding Mr. Satish Srinivasan.
- Mr. Mandeep Singh Chhatwal: Approved for appointment as a Non-Executive Director, effective January 1, 2026.
Strategic Investments
The company approved investments in two special-purpose vehicles (SPVs) with M/s. Adani Green Energy Limited and M/s. Radiance Renewables Private Limited to establish captive renewable energy power plants. Nestlé India will invest up to 26% in the capital of the SPVs and consume at least 51% of the annual generated power by each SPV, securing green energy for manufacturing facilities.
Source: BSE
