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Nestle India jumps over 5% as it crosses Rs 10,000-crore sales mark
Thu, Feb 15, 2018
Shares of Nestle India on Thursday surged over 5 per cent on bourses after the company reported a 60 per cent jump in its fourth quarter net profit and said its sales mark has crossed Rs 10,000-crore mark in 2017.
Nestle India posts record sales growth in Q4FY18; PAT up 60% yoy
Wed, Feb 14, 2018
Nestle posted net profit of Rs 311.83 crore, rising by 59.57% compared to Rs 195.41 crore in the corresponding period of previous year.
Nestle India Q4 net jumps 60% to Rs 312 crore
Wed, Feb 14, 2018
The company, which follows January-December as financial year, had posted a net profit of Rs 195.41 crore for the October-December quarter of the previous fiscal.
Looking for unique Valentine's Day gift ideas? Take a 'stock' of these options
Wed, Feb 14, 2018
Stock market enthusiasts shouldn't conform to conventions. Anyone may gift flowers, chocolates, cakes, show-pieces or dresses on Valentine's day, but why to buy such items when you can directly own a share of companies selling those items?
Maggi compliant with latest FSSAI norms, no ash added: Nestle
Mon, Dec 04, 2017
District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.
GST impact: FMCG PAT, revenues to slow down over 2% in Q1FY18
Tue, Jul 11, 2017
Result preview of fast moving consumer goods (FMCG) in the first quarter of FY18 will be impacted by the after effects of GST rollout.
FMCG Q4 analysis: Nestle India vs HUL vs ITC vs Britannia India
Fri, May 26, 2017
Four listed FMCG and consumer goods major companies, namely Britannia Industries, ITC Ltd, Hindustan Unilever and Nestle India, have announced their financial results.
Maggi noodles growth rate slows even as Nestle introduces new flavours
Wed, May 24, 2017
Abhijeet Kundu, analyst at Antique Stock Broking Limited said, “Maggi post-relaunch after the ban has been able to grow their market share but at slower pace, which was witnessed in the current quarter's domestic sales growth.”
Can Maggi noodles help Nestle India's post a better Q1 profit?
Thu, May 11, 2017
Abneesh Roy, Tanmay Sharma and Alok Shah analysts at Edelweiss Financial Services said, “Demonetisation led to impact of INR1bn during Q4CY16 and we beleive that impact will recede in Q1CY17 significantly. Owing to the Maggi issue in the base, Nestle will see better growth rate and we expect revenue growth of ~12% YoY in Q1CY17 on base of dip of 8.7% YoY."
From Amritsari Achari to Bengali Jhaal: Now get Maggi in your favourite flavour
Tue, May 02, 2017
Maarten Geraets, General Manager, Foods of Nestle India said, “With the launch of the Maggi Masalas of India Noodles, we will be offering Maggi lovers even more ways to enjoy their favourite noodles. We are happy to introduce this new range and are confident that it will be appreciated by our loyal customers, who expect nothing but the best from Nestle India.”
Nestle India's Q4 result today; Here's what to expect
Wed, Feb 15, 2017
Rohit Chordia, Anand Shah and Abhas Gupta analysts at Kotak Institutional Equities in its report stated that they expect five fast moving consumer goods (FMCG) companies, including Nestle, to register positive growth in profit after tax (PAT).
Personal care products may clock single digit declines in Q3 sales despite demonetisation
Thu, Jan 12, 2017
Among the fast moving consumer goods (FMCG) companies, personal care (PC) products may not be worse off given the demonetisation fiasco.
Nestle India declares third interim dividend of Rs 16
Mon, Dec 05, 2016
Consumer goods company, Nestle India on Monday said that it has declared its third interim dividend of Rs 16 per equity share for the year 2016.
Baba Ramdev’s Patanjali noodles fail to put a dent in Maggi sales
Mon, Nov 14, 2016
In almost all consumer goods segment, Baba Ramdev’s Patanjali have been taking the reins except for one.
Maggi back as market leader; Nestle India net soars two-fold
Mon, Oct 31, 2016
Maggi noodles has regained its share in the domestic market, with consumers flocking to the popular two-minute snack, more than doubling Nestle India's net profits for the quarter-ended September 2016.
Maggi effect: FSSAI plans new regulations for instant noodles
Wed, May 18, 2016
The new norms would clearly set the permissible limits of Monosodium Glutamate (MSG) and Ash content
Maggi is number 1 but competition is just two-minutes away
Fri, May 13, 2016
Nestle’s Maggi may have bounced back as the largest selling instant noodles brand in India within five months of its relaunch but the damage has been done.
How Ramdev hopes to achieve Rs 10,000-crore revenue goal for Patanjali Ayurved
Wed, Apr 27, 2016
The Baba Ramdev-led company posted a 150% growth in revenues to reach Rs 5,000 crore, but looks to double this in the current fiscal
Late to the party: Nestle enters Rs 1,600 core yogurt market with Grekyo
Thu, Apr 21, 2016
Nestle announced the launch of a new brand of yogurt called 'Nestle a+ Grekyo' which will be available in Delhi NCR for Rs 30 for 100g pack.