
Nestle India has reported a 6.5 per cent year-on-year decline in consolidated net profit to ₹873.46 crore for the fourth quarter ended March 2025, amid headwinds from food inflation and softening urban demand.
The company had posted a net profit of ₹934.17 crore in the same quarter last year.
Revenue from operations for the quarter stood at ₹5,503.88 crore, marking a 4.48 per cent increase from ₹5,264.43 crore a year ago. Sales of products rose 3.7 per cent to ₹5,447.64 crore during the quarter.
“Total and domestic sales grew 3.7 per cent and 4.2 per cent respectively, with domestic sales crossing ₹5,235 crore—the highest ever in a quarter,” Nestle India said in a regulatory filing. The company attributed the growth to broad-based performance across product categories.
However, export sales declined 8.65 per cent to ₹212.66 crore, impacted by commodity headwinds in the coffee segment.
Total expenses during the quarter stood at ₹4,307.76 crore.
Commenting on the performance, Chairman and Managing Director Suresh Narayanan said, “This quarter we witnessed double-digit growth in Beverages and Confectionery, with three out of four product groups delivering healthy growth.”
For the full financial year FY25, Nestle India reported a consolidated net profit of ₹3,207.59 crore, while revenue from operations stood at ₹20,201.56 crore, up from ₹19,563.37 crore in FY24.
The company said the Powdered and Liquid Beverages segment remained the top growth contributor, driven by strong performance from NESCAFÉ, which expanded its market share and reached over 5.1 million new households.
Nestle India also expanded its presence in e-commerce, organised retail, and out-of-home (OOH) channels during the year. It entered new international markets such as the Maldives and Papua New Guinea, and introduced Maggi noodles in the Middle East and South Africa, though it saw a decline in North American exports.
Commodity inflation remained a concern, especially in green coffee. While cocoa prices showed some correction, they remained elevated. Milk prices also firmed up with the onset of summer.
The board of directors recommended a final dividend of ₹10 per equity share for FY25.
In a separate development, the company announced the appointment of Manish Tiwary as Key Managerial Personnel, effective April 24, 2025. Tiwary will assume the role of Managing Director from August 1, succeeding Suresh Narayanan upon his retirement in July.
Shares of Nestle India were trading at ₹2,413.25 on the BSE, down 0.86 per cent.
(Source: PTI)