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NESTLE INDIA LTD. - 500790 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Information regarding issue of Letter of Confirmation in lieu of Duplicate Share Certificates for share certificates reported lost
03-05-2023

Not just Ching's, Nestle India has many more targets in sight

On 31 March, Bloomberg reported that Nestle India was among several large packaged food companies in the final talks for Capital Foods
28-04-2023

Volume driven strategy could sustain growth for Nestle, say analysts

Valuations however leave little room for gains on the upside
26-04-2023
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Broker's Call: Nestle (Buy)

Prabhudas Lilladher
26-04-2023

Reduce Nestle India; target of Rs 18,500: HDFC Securities

HDFC Securities recommended reduce rating on Nestle India with a target price of Rs 18,500 in its research report dated April 25, 2023.
26-04-2023
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NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Change in Management

Mr. Matthias Christoph Lohner, Executive Director - Technical (DIN: 08934420) to demit office with effect from the close of business hours on 30th June 2023; Nomination of Mr. Satish Srinivasan to succeed in place of Mr. Matthias Christoph Lohner w.e.f. 1st July 2023, subject to approvals
25-04-2023
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Q1CY23 Quarterly Result Announced for Nestle India Ltd.

Packaged Foods company Nestle India announced Q1CY23 results: Total sales of Rs 4,808 crore Total sales growth at 21.3%; domestic sales growth at 21.2% Profit from operations at 21.0% of sales Net profit of Rs 737 crore Earnings per share of Rs 76.4 The board of directors on 12th April 2023 declared an interim dividend for 2023 of Rs 27.0 per equity share (face value Rs 10 per equity share) amounting to Rs 2,603.2 million, which will be paid on and from May 8, 2023, along with the final dividend for 2022 of Rs 75.0 per equity share approved in the annual general meeting on April 12, 2023. Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestle India, said, "I am pleased to share that we have continued to deliver robust sales growth this quarter, which is broad-based with a healthy balance of pricing, volume, and mix. This is the highest growth for the Company in a quarter in the last 10 years (excluding the exceptional quarter in 2016 which was off a low base in 2015). Yet again, I would single out the outstanding diligence, commitment and seizing of every opportunity in the marketplace by our employees, partners, distributors, and stakeholders. Teamwork has triumphed once again! All our product groups delivered double-digit growth, a notable feature in these past four quarters in a row. Confectionery led by KITKAT, and MUNCH posted strong growth, supported by consumer-led campaigns, innovation and engagement. Beverages turned in another quarter of robust growth and market share gains led by NESCAFE Classic, NESCAFE Sunrise, and NESCAFE GOLD. Prepared Dishes and Cooking Aids delivered strong growth across all products in its portfolio. One can discern portfolio upgradation happening in this category. Milk products and Nutrition continued its strong performance led by MILKMAID among others. I am very pleased that in line with our commitment to enable people to live healthier lives, we launched ThickenUp Clear, a food and beverage thickener from our Nestle Health Science portfolio. ThickenUp Clear can be used to help patients with swallowing difficulties, especially in oropharyngeal dysphagia. I feel proud of the Company's efforts to make a difference, where it matters to improve their quality of life. Our out-of-home business continued to accelerate rapidly this quarter. We continued with portfolio transformation, continued expansion, route to market focussed on relevant geographies, channel prioritization and opening of new kiosks in key locations. Our strong performance in e-commerce continued with significant growth in quick commerce. We accelerated our sustained growth journey in RURBAN. The growth in RURBAN was complemented by strong momentum in metro and megacities. Rural growth was also strong, secular and robust, being volume led which gives greater confidence and impetus to our efforts to enhance our footprint. It is an honour to welcome our board of directors and host our board meeting at our newest factory in Sanand, Gujarat. The Sanand factory is a shining example of diversity, with women constituting the majority of the workforce. The factory is environment friendly, moving towards paperless, digitally advanced with state-of-the-art digital manufacturing processes. It was inspiring to meet passionate, competent, and motivated factory colleagues. Our societal initiatives such as Nestle Healthy Kids Programme, Sanitation and Oxygen plants are providing support to communities near our Sanand factory." Result PDF
25-04-2023
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NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release on Unaudited Financial Results for the quarter ended 31st March 2023
25-04-2023
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NESTLE INDIA LTD. - 500790 - Outcome Of The Board Meeting

Outcome of the Board Meeting: I. Regulation 33 of Listing Regulations: Unaudited Financial Results for the first quarter ended 31st March 2023 II. Mr. Matthias Christoph Lohner, Executive Director - Technical (DIN: 08934420) to demit office with effect from the close of business hours on 30th June 2023; Nomination of Mr. Satish Srinivasan in place of Mr. Matthias Christoph Lohner w.e.f. 1st July 2023, subject to approvals
25-04-2023
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NESTLE INDIA LTD. - 500790 - Board Meeting Outcome for Outcome Of The Board Meeting

Outcome of the Board Meeting: I. Regulation 33 of Listing Regulations: Unaudited Financial Results for the first quarter ended 31st March 2023 II. Mr. Matthias Christoph Lohner, Executive Director - Technical (DIN: 08934420) to demit office with effect from the close of business hours on 30th June 2023; Nomination of Mr. Satish Srinivasan in place of Mr. Matthias Christoph Lohner w.e.f. 1st July 2023, subject to approvals
25-04-2023
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