Nestlé India Limited reported a net profit of ₹646.6 crore for the quarter ended June 30, 2025 (Q1 FY26), representing a 13.4% year-on-year (YoY) growth from ₹570 crore in Q1 FY25. However, the profit was down from ₹873.4 crore recorded in the previous quarter (Q4 FY25).
The company’s revenue from operations stood at ₹5,096.1 crore, up 6% YoY from ₹4,813.9 crore in the same quarter last year. On a sequential basis, revenue declined from ₹5,503.8 crore in Q4 FY25. Total income for the quarter stood at ₹5,100.2 crore.
Segment-wise sales performance
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Domestic sales rose to ₹4,860 crore from ₹4,608.5 crore YoY, but declined from ₹5,234.9 crore QoQ
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Export sales came in at ₹213.9 crore, nearly flat YoY
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Sale of products stood at ₹5,073.9 crore vs ₹4,792.9 crore YoY
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Other operating revenue came in at ₹22 crore
Expense breakdown
Total expenses for the quarter stood at ₹4,112.3 crore compared to ₹3,884.1 crore in Q1 FY25.
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Cost of materials consumed: ₹2,153.2 crore vs ₹1,943.2 crore YoY
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Employee benefit expense: ₹515.6 crore vs ₹505.4 crore YoY
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Finance cost: ₹46.9 crore vs ₹31.6 crore YoY
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Depreciation & amortisation: ₹156.9 crore
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Other expenses: ₹1,176.9 crore
The company reported a profit before tax (PBT) of ₹887.8 crore. Tax expenses totalled ₹241.4 crore (₹234.8 crore current tax and ₹6.6 crore deferred tax), resulting in a net profit of ₹646.6 crore.
Commentary and outlook
Chairman and Managing Director Suresh Narayanan highlighted that key categories such as Maggi noodles, KitKat, Nescafé, Munch, and Milkybar delivered strong double-digit growth. The company also saw increased momentum in Pet Food and Out-of-Home businesses.
The e-commerce channel contributed 12.5% to domestic sales, while Quick Commerce became a key growth driver in urban regions.
On the input cost side, Nestlé India expects the prices of commodities like coffee, cocoa, and edible oils to remain stable. However, milk prices are likely to soften due to a favourable monsoon season.
This marks the final quarterly results under the leadership of Suresh Narayanan, who will step down on July 31. Manish Tiwary, a senior Amazon executive, will take over as CMD from August 1, 2025.
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