NESTLEIND.NSE

Nestle India Ltd.

India Business News: FMCG major Nestle India has flagged volatility in input costs amid geopolitical uncertainties but said it will continue to pursue volume-led growth in.

Indian shares partly recovered from March’s steep selloff with gains in April, but Thursday’s decline highlighted lingering fragility as surging oil prices and a weakening rupee hurt sentiment. The Nifty 50 fell 0.74% to 23,997.55 and the BSE Sensex shed 0.75% to 76,913.50, while the rupee hit a record low after a jump in crude prices and a hawkish U.S. Federal Reserve. Indian markets will be shut on Friday for a holiday and reopen on Monday, May 4. Brent crude climbed to about $126 a barrel during the session, a four-year high, after Axios reported the U.S. military was set to brief President Donald Trump on new options against Iran. The move revived concerns over imported inflation and pressure on India’s external balances, weighing on equities and the rupee. Still, the Nifty and Sensex rose 7.5% and 6.9% in April, their best monthly performance since December 2023, partly recovering from March’s more than 11% slump. The mid-month Iran ceasefire, attractive valuations and an earnings season largely free of major negative surprises helped overpower record foreign outflows.

Indian shares partly recovered from March’s steep selloff with gains in April, but Thursday’s decline highlighted lingering fragility as surging oil prices and a weakening rupee hurt sentiment. The Nifty 50 fell 0.74% to 23,997.55 and the BSE Sensex shed 0.75% to 76,913.50, while the rupee hit a record low after a jump in crude prices and a hawkish U.S. Federal Reserve. Indian markets will be shut on Friday for a holiday and reopen on Monday, May 4. Brent crude climbed to about $126 a barrel during the session, a four-year high, after Axios reported the U.S. military was set to brief President Donald Trump on new options against Iran. The move revived concerns over imported inflation and pressure on India’s external balances, weighing on equities and the rupee. Still, the Nifty and Sensex rose 7.5% and 6.9% in April, their best monthly performance since December 2023, partly recovering from March’s more than 11% slump. The mid-month Iran ceasefire, attractive valuations and an earnings season largely free of major negative surprises helped overpower record foreign outflows.

Indian shares fell on Friday, posting weekly losses as Middle East tension-linked higher oil prices and a slump in IT stocks after weak forecasts from Infosys and HCLTech dented sentiment. The Nifty 50 fell 1.14% to 23,897.95, and the BSE Sensex shed 1.27% to 76,681.29. The benchmark indexes lost 1.9% and 2.3% respectively this week, after two weeks of gains. Iran displayed its grip over the Strait of Hormuz with a video of its commandos storming a cargo ship following the collapse of peace negotiations and U.S. President Donald Trump’s indefinite extension of the ceasefire. Brent crude hovered around $107 a barrel. “The rally in the last two weeks, driven by hopes of progress in U.S.-Iran talks, suggests some buying support, but sentiment will stay subdued and markets sluggish as long as crude remains above $100 a barrel,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. Higher crude prices hurt India by stoking inflation, swelling the import bill, and weighing on growth and corporate earnings, factors HSBC and J.P.Morgan cited in downgrading Indian equities this week.

Indian shares fell on Friday, posting weekly losses as Middle East tension-linked higher oil prices and a slump in IT stocks after weak forecasts from Infosys and HCLTech dented sentiment. The Nifty 50 fell 1.14% to 23,897.95, and the BSE Sensex shed 1.27% to 76,681.29. The benchmark indexes lost 1.9% and 2.3% respectively this week, after two weeks of gains. Iran displayed its grip over the Strait of Hormuz with a video of its commandos storming a cargo ship following the collapse of peace negotiations and U.S. President Donald Trump’s indefinite extension of the ceasefire. Brent crude hovered around $107 a barrel. “The rally in the last two weeks, driven by hopes of progress in U.S.-Iran talks, suggests some buying support, but sentiment will stay subdued and markets sluggish as long as crude remains above $100 a barrel,” said Aishvarya Dadheech, founder and chief investment officer at Fident Asset Management. Higher crude prices hurt India by stoking inflation, swelling the import bill, and weighing on growth and corporate earnings, factors HSBC and J.P.Morgan cited in downgrading Indian equities this week.

India Business News: NEW DELHI: Nestle India reported a 26% increase in net profit to Rs 1114 crore on its highest ever domestic sales of Rs 6,445 crore for the fourth qua.

India Business News: NEW DELHI: Nestle India reported a 26% increase in net profit to Rs 1114 crore on its highest ever domestic sales of Rs 6,445 crore for the fourth qua.

Nestle India posted a 26% increase in quarterly profit on Tuesday, benefiting from strong demand for packaged foods, including KitKat chocolates and Maggi instant noodles. Shares of the company rose 6.8% to 1,373.3 rupees after the results. After a prolonged slowdown in consumption, demand for consumer packaged goods in India began picking up about four quarters ago, with easing inflation and tax cuts aiding the recovery. Nestle India said revenue for the March quarter grew 23% to 67.48 billion rupees, marking its highest domestic sales and its strongest growth in nearly a decade. Full-year results: Nestle Pakistan posts 3.03pc growth for 2025 The Indian unit of Swiss food major Nestle also said net profit stood at 11.14 billion rupees ($119.12 million) for the fourth quarter ended March 31, compared to 8.85 billion rupees a year earlier. The company said it will focus on boosting capacity and grow sales volume without providing a specific timeline.

Nestle India posted a 26% increase in quarterly profit on Tuesday, benefiting from strong demand for packaged foods, including KitKat chocolates and Maggi instant noodles. Shares of the company rose 6.8% to 1,373.3 rupees after the results. After a prolonged slowdown in consumption, demand for consumer packaged goods in India began picking up about four quarters ago, with easing inflation and tax cuts aiding the recovery. Nestle India said revenue for the March quarter grew 23% to 67.48 billion rupees, marking its highest domestic sales and its strongest growth in nearly a decade. Full-year results: Nestle Pakistan posts 3.03pc growth for 2025 The Indian unit of Swiss food major Nestle also said net profit stood at 11.14 billion rupees ($119.12 million) for the fourth quarter ended March 31, compared to 8.85 billion rupees a year earlier. The company said it will focus on boosting capacity and grow sales volume without providing a specific timeline.