Nestle India Q4 Results: Standalone profit falls 5% YoY to Rs 885 crore, revenue rises 4%
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Maggi-maker Nestle India on Thursday reported a 5.2% year-on-year (YoY) decline in standalone net profit to Rs 885 crore for the March quarter, while revenue from operations rose 4.5% YoY to Rs 5,504 crore. Both figures came in slightly above Street estimates.While announcing its quarterly numbers, Nestle also handed out a final dividend of Rs 10 for FY25.Nestle India Chairman and MD Suresh Narayanan said the FMCG major's domestic sales crossed the Rs 5,235 crore mark, the highest ever in any quarter, supported by improving volume growth. "I am pleased to report that this quarter we witnessed double-digit growth in Beverages and Confectionery, with 3 out of 4 product groups delivering healthy growth."The total sales and domestic sales for the quarter increased by 3.7% and 4.2%, respectively, with the company saying that the domestic sales growth was broad-based.In its outlook, Nestlé India said commodity prices remain firm for coffee, while cocoa prices, though corrected, continue to stay elevated. "Prices remain stable for edible oils. Milk prices have firmed up cyclically with the onset of summer."In FY25, powdered and liquid beverages were the largest growth contributors, posting high double-digit growth. The confectionery segment grew at a high single-digit pace in both value and volume, driven by KITKAT, for which India is the second-largest market globally.'Prepared Dishes and Cooking Aids posted mid-single-digit growth, with MAGGI returning to volume growth and MAGGI Masala-Ae-Magic continuing to show strong performance. India remained the largest market globally for MAGGI,' Nestlé India said.The Petcare segment delivered high double-digit growth—the highest ever since its integration into Nestlé India. The Out-of-Home (OOH) business also posted strong double-digit growth and is emerging as one of Nestlé's fastest-growing verticals.Propelled by the rapid growth of quick commerce, e-commerce contributed 8.5% to Nestlé India's domestic sales in FY25.'We are investing approximately Rs 6,500 crore between 2020 and 2025 to develop new capabilities and expand capacity. This not only reflects the strong demand for our products but also reinforces our commitment to manufacture in India and support the 'Make in India' initiative. Our Odisha factory—Nestlé's 10th citadel of growth—is being set up with an initial investment of approximately Rs 900 crore in the first phase to produce items from our Foods (Prepared Dishes and Cooking Aids) portfolio,' the company said.Following the results announcement, Nestlé India shares were trading 2% lower at Rs 2,383 on the BSE.
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