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Nestlé India reported strong Q2 FY24-25 results with ₹5,075 crore in revenue and ₹986 crore net profit. The company focused on premiumization, innovation, and sustainability, maintaining growth despite external challenges like rising commodity prices and softer consumer demand.
Nestlé India continues to demonstrate resilience in the face of external market challenges. The company reported consolidated revenue growth for the second quarter of FY24-25, reflecting its strong operational strategies and focus on innovation. Investors can explore key financial highlights, revenue changes, and profit trends in this quarterly update.
For the second quarter of FY24-25, Nestlé India achieved consolidated revenue of ₹5,075 crore, reflecting a slight increase from the previous year’s ₹5,010 crore. The company's ability to adapt and maintain growth despite consumer demand fluctuations and commodity price hikes, particularly in coffee and cocoa, is noteworthy.
Nestlé India's net profit for this quarter stood at ₹986 crore, marking a consistent performance from ₹905 crore in the same period last year.
Particulars | Q2 FY24-25 (₹ Crore) | Q2 FY23-24 (₹ Crore) |
Sale of Products | 5,075 | 5,010 |
Total Expenses | 4,090 | 3,955 |
Net Profit (Consolidated) | 986 | 905 |
Earnings Per Share (EPS) | 10.23 | 9.42 |
In comparison to sector expectations, Nestlé India's revenue growth is in line with market predictions. The continued focus on premiumization and expansion of the E-commerce and Out-of-Home (OOH) segments allowed the company to maintain strong performance amidst challenging market conditions.
Suresh Narayanan, Chairman and Managing Director of Nestlé India, commented, “Despite a challenging external environment with muted consumer demand and high commodity prices especially for coffee and cocoa, we remained resilient in our pursuit to deliver growth. This quarter, 5 of our top 12 brands grew at double-digit. However, some key brands witnessed pressure due to softer consumer demand and we focus on them and have in place robust action plans. Notably, in the last 9 months, 65% of our top 12 brands including MAGGI noodles showed positive volume growth.”
Nestlé India's Q2 FY24-25 results reflect the company's ability to navigate external challenges while continuing to deliver value to its shareholders. With a focus on premiumization, sustainability, and innovation, Nestlé India is well-positioned for future growth. The strong performance across key product segments and the continued investment in new product launches, such as the refined-sugar-free CERELAC, demonstrate Nestlé India’s commitment to driving long-term growth. The company’s focus on emerging channels like e-commerce and out-of-home consumption further highlights its adaptability in an evolving market environment.
Source: Nestle India Q2 Results FY’24-25 Press Release as Submitted on BSE.
Check out Nestle India's past performances in previous quarters and financial years.
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