NESTLE INDIA LTD. - 500790 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Information regarding issue of Letter of Confirmation / Entitlement Letter in lieu of Duplicate Share Certificates for share certificates reported lost in case no objection received. NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of analysts and institutional investors meet on the unaudited financial results and business performance for the period ended 30th September 2023
Hold Nestle India; target of Rs 26,805: Sharekhan
Sharekhan recommended Hold rating on Nestle India with a target price of Rs 26,805 in its research report dated October 25, 2023. NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio/ Video recording of analysts and institutional investors meet on the unaudited financial results and business performance for the period ended 30th September 2023 Inorganic growth opportunities remain an area of interest : Nestle India CMD
Focusing on growing presence in the rurban regions by more than doubling distribution points, increasing sales team on the ground NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Presentation for analysts and institutional investors meet on the unaudited financial results and business performance for the period ended 30th September 2023
Weekend Wrap: From Nestle to Bajaj Auto, top news and market movers this week: 20 October 2023
From top news makers to market performance, here's the market wrap for the week ended 20 October 2023.
Nestle India Announces Stock Split: Here's All You Need To Know
Nestle India Ltd shares hit their all-time highs on Friday as the company announced a stock split after its board meeting on Thursday. NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Update on Scheme of Arrangement between the Company and its Members Q3CY23 Quarterly Result Announced for Nestle India Ltd.
Packaged Foods company Nestle India announced Q3CY23 results: Financial Performance: - Nestlé India achieved a landmark by crossing Rs 5,000 crore turnover in a quarter, the first in its history. - Total sales growth was 9.4%, with domestic sales growing at 10.3%. - Profit from operations stood at 22.6% of sales. - Net profit for the quarter was Rs 908.1 crore. Business Performance: - The e-commerce channel contributed 6.1% of quarterly sales, experiencing continued growth driven by Quick Commerce. - The organized trade retail channel delivered strong double-digit growth. - The out-of-home business registered strong double-digit volume-led growth. - Export sales expanded with strong demand for MAGGI and NESCAFÉ SUNRISE products. Product Group Performance: - Prepared Dishes and Cooking Aids segment showed growth, driven by market visibility, impactful media campaigns, and innovation for RURBAN markets. - Milk Products and Nutrition segment delivered double-digit growth, supported by the launch of Nestlé a+ Masala Millet and positive response to MILKMAID and PEPTAMEN. - Confectionery segment saw strong growth in key products like KITKAT and MUNCH, backed by media support and digital-first campaigns. - Beverages segment recorded strong growth across NESCAFÉ portfolio, with NESCAFÉ CLASSIC, NESCAFÉ Sunrise, and NESCAFÉ GOLD leading the way. - Petcare business received positive feedback for Felix Wet Cat food. Market Outlook: - Uneven rain and deficit may impact the production and pricing of maize, sugar, oilseeds, spices, and coffee. - Winter weather may affect wheat production, but a healthy milk flush is expected to stabilize milk prices. Dividend and Share Split: - The Board of Directors declared a second interim dividend of Rs 140 per equity share for 2023. - The share capital will be sub-divided/split, subject to shareholder approval, from Rs. 10 per share to Re 1 per share. Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that we have, yet again, delivered consistent performance almost across all major brands. Domestic sales grew double digits, on account of mix, volume and price. Key brands continued to perform well, led by KITKAT, NESCAFÉ CLASSIC, NESCAFÉ SUNRISE, supported by MUNCH and MILKMAID. We are investing towards building our brand equity and have made strong and significant investments across all product groups. We crossed INR 5,000 crore turnover, which has been our first in any quarter in the history of the Company and a landmark for us." Result PDF