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Economic Times
24-07-2025
- Business
- Economic Times
Nestle India shares slide 5% after Q1 profit dips as cost pressures bite
Nestle India's shares plummeted following a 13.4% YoY drop in profit after tax for Q1FY26, reaching Rs 647 crore. Elevated commodity prices and rising operational costs impacted profitability. Despite this, revenue from operations increased by 6% to Rs 5,096 crore, with domestic sales climbing 5.5%. Tired of too many ads? Remove Ads Profitability under pressure Tired of too many ads? Remove Ads Stock performance and technical outlook Shares of Nestle India fell as much as 5.2% to Rs 2,326 on BSE on Thursday after the Maggi-maker reported a 13.4% year-on-year (YoY) decline in its profit after tax for the first quarter of FY26, with the company citing elevated commodity prices and rising operational costs as key drags on company's profit after tax dropped to Rs 647 crore in the June 2025 quarter from Rs 747 crore in the same quarter last from operations rose 6% YoY to Rs 5,096 crore in the June 2025 quarter, up from Rs 4,814 crore in the year-ago quarter. Domestic sales, which form the bulk of Nestle's revenue, climbed 5.5% to Rs 4,860 crore, compared with Rs 4,608.5 crore a year earlier. Export sales also advanced 16% to Rs 214 crore from Rs 184 crore in income for the June quarter increased 5% YoY to Rs 5,100 crore, versus Rs 4,853 crore a year ago. The company's sale of products grew to Rs 5,074 crore from Rs 4,793 crore, while other operating revenue edged up to Rs 22 crore from Rs 21 attributed the earnings decline to higher input costs across its commodity portfolio, alongside increased operational expenses linked to the expansion of its manufacturing capacity over the past seven to eight from commercial banks to meet short-term operational cash flow requirements further pushed up finance costs during the income fell sharply to Rs 4 crore in the June 2025 quarter, from Rs 39 crore in the year-ago period. Nestle India 's shares are up 7.5% so far in 2025 and have gained 6% over the past six months. However, the stock is down 4% in the last three the technical charts, the stock is trading below five of its eight key simple moving averages (SMA), including the 5-day, 10-day, 20-day, 30-day, and 50-day, indicating short-term bearish momentum. It remains above the 100-day, 150-day, and 200-day SMAs, suggesting bullish undertones in the longer Relative Strength Index (RSI) stands at 56.6, reflecting a neutral momentum, while the Moving Average Convergence Divergence (MACD) at 16.3 continues to trade above both the center and signal lines, pointing to an underlying bullish trend.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
24-07-2025
- Business
- Economic Times
Nestle Q1 Results: Consolidated PAT falls 13% YoY to Rs 647 crore, revenue rises 6%
Maggi-maker Nestle India on Thursday reported its results for the first quarter of FY26, posting a 13.4% year-on-year (YoY) decline in consolidated profit after tax (PAT) to Rs 647 crore, down from Rs 747 crore in the year-ago period. ADVERTISEMENT Meanwhile, revenue from operations rose 6% YoY to Rs 5,096 crore, compared to Rs 4,814 crore in the corresponding quarter of the previous financial year. This growth was supported by a 5.5% rise in domestic sales, which came in at Rs 4,860 crore, up from Rs 4,608 crore a year earlier. Export sales also increased to Rs 214 crore, from Rs 184 crore in the same period last year, marking a 16% YoY growth. The company reported a 5% YoY increase in total income to Rs 5,100 crore for the quarter ended June 30, 2025, compared to Rs 4,853 crore in the corresponding quarter of the previous FMCG company's product sales rose to Rs 5,074 crore in Q1FY26, up from Rs 4,793 crore in Q1FY25. Other operating revenue increased marginally to Rs 22 crore, compared to Rs 21 crore a year income, however, declined sharply to Rs 4 crore from Rs 39 crore in the year-ago period. ADVERTISEMENT The company's quarterly results were released during market hours, after which Nestle India shares fell 4.5%, trading at Rs 2,341.55 on addition to the quarterly results, the Maggi-maker announced the appointment of Manish Tiwary as Chairman and Managing Director, effective August 1. Suresh Narayanan will step down upon his retirement on July 31. ADVERTISEMENT Commenting on the dip in profitability, the company said the quarter was impacted by elevated input prices across the commodity portfolio. It also faced higher operational costs due to significant manufacturing expansion over the past seven to eight borrowings from commercial banks to meet short-term operational cash flow needs led to higher finance costs during the quarter. ADVERTISEMENT However, Nestle India noted stabilizing prices for edible oil and cocoa, a declining trend in coffee, and a modest increase in milk prices — offering some relief on the cost front. Segment-wise performance: The powdered and liquid beverages category sustained its position as one of the largest growth drivers with another robust performance this quarter, registering strong double-digit growth. The prepared dishes and cooking aids category swung back to volume growth, recording double-digit growth for MAGGI noodles. The confectionery category saw high double-digit growth, driven by robust underlying volume growth. Milk products and the nutrition category had mixed growth performance with certain segments showing growth, while a few had muted performance. Nestlé Breakfast Cereals business reported high double-digit growth. The Pet Food business witnessed a strong performance, primarily driven by the Cat portfolio. Nestle's e-commerce segment maintained its growth momentum, contributing 12.5% to domestic sales, driven by quick commerce and new launches. Its out-of-home business also grew consistently at double-digit rates, making it the fastest-growing segment across the Beverages and Foods portfolio. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
24-07-2025
- Business
- Time of India
Nestle India shares slide 5% after Q1 profit dips as cost pressures bite
Profitability under pressure Stock performance and technical outlook (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Nestle India fell as much as 5.2% to Rs 2,326 on BSE on Thursday after the Maggi-maker reported a 13.4% year-on-year (YoY) decline in its profit after tax for the first quarter of FY26, with the company citing elevated commodity prices and rising operational costs as key drags on company's profit after tax dropped to Rs 647 crore in the June 2025 quarter from Rs 747 crore in the same quarter last from operations rose 6% YoY to Rs 5,096 crore in the June 2025 quarter, up from Rs 4,814 crore in the year-ago quarter. Domestic sales, which form the bulk of Nestle's revenue, climbed 5.5% to Rs 4,860 crore, compared with Rs 4,608.5 crore a year earlier. Export sales also advanced 16% to Rs 214 crore from Rs 184 crore in income for the June quarter increased 5% YoY to Rs 5,100 crore, versus Rs 4,853 crore a year ago. The company's sale of products grew to Rs 5,074 crore from Rs 4,793 crore, while other operating revenue edged up to Rs 22 crore from Rs 21 attributed the earnings decline to higher input costs across its commodity portfolio, alongside increased operational expenses linked to the expansion of its manufacturing capacity over the past seven to eight from commercial banks to meet short-term operational cash flow requirements further pushed up finance costs during the income fell sharply to Rs 4 crore in the June 2025 quarter, from Rs 39 crore in the year-ago India's shares are up 7.5% so far in 2025 and have gained 6% over the past six months. However, the stock is down 4% in the last three the technical charts, the stock is trading below five of its eight key simple moving averages (SMA), including the 5-day, 10-day, 20-day, 30-day, and 50-day, indicating short-term bearish momentum. It remains above the 100-day, 150-day, and 200-day SMAs, suggesting bullish undertones in the longer Relative Strength Index (RSI) stands at 56.6, reflecting a neutral momentum, while the Moving Average Convergence Divergence (MACD) at 16.3 continues to trade above both the center and signal lines, pointing to an underlying bullish trend.: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
24-07-2025
- Business
- Time of India
Nestle Q1 Results: Consolidated PAT falls 13% YoY to Rs 647 crore, revenue rises 6%
(You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Maggi-maker Nestlé India on Thursday reported its results for the first quarter of FY26, posting a 13.4% year-on-year (YoY) decline in consolidated profit after tax (PAT) to Rs 647 crore, down from Rs 747 crore in the year-ago revenue from operations rose 6% YoY to Rs 5,096 crore, compared to Rs 4,814 crore in the corresponding quarter of the previous financial to come....
Time of India
27-06-2025
- Business
- Time of India
Nestle India shares rally 4% this week as Street cheers 1:1 bonus announcement
Shares of Maggi-maker FMCG firm Nestle India have surged 3.7% this week to touch a high of Rs 2,453.95 on the BSE, uplifted by the positive sentiment around the company's announcement of its first-ever 1:1 bonus shares issue for the shareholders. The board of directors of Nestle India, on Thursday, approved a 1:1 bonus share issue for its shareholders, stating that the record date to determine shareholder eligibility will be announced at a later time. 'This is to inform you that the Board of Directors of the Company, at its meeting held today i.e. 26th June 2025, inter-alia, considered and approved the following: 1. Issue of bonus equity shares in the ratio of 1:1, i.e., one (1) bonus equity share of face value of 1/- each for every one (1) fully paid-up equity share of face value of 1/- each, held by the members of the Company as on the record date,' said Nestle in its regulatory filing. Nestle India has also announced that the bonus shares will be credited or dispatched to eligible shareholders within two months, i.e., on or before August 25, 2025. According to data available on Trendlyne, this marks the first-ever instance of Nestle India issuing bonus shares to its shareholders. What is a 1:1 bonus share issue? A 1:1 bonus share issue means that for every one share an investor already holds, they will receive one additional share for free. It is a way for a company to reward its shareholders by increasing the number of shares they own, without changing the overall value of their investment. While the total number of shares doubles, the stock price is adjusted accordingly, so the overall market value remains the same. This move increases liquidity and may signal the company's confidence in its future earnings. Around 10:15 am today, the shares of Nestle India were trading flat at Rs 2,439.30 on the BSE. Also read: Rs 1 lakh crore selloff tsunami threatens Nifty rally as promoters, strategic investors exit ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
