Nestle has bigger appetite for India; increasing presence in rurban markets
The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets14-12-2022
14-12-2022
NESTLE INDIA LTD. - 500790 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
In terms of Regulation 39(3) of the Listing Regulations read with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB /P/CIR/2022/8 dated 25th January 2022, find enclosed details of ''Letter of Confirmation'' issued on 16th November 2022 in lieu of duplicate share certificate(s) for the share certificate(s) reported lost.17-11-2022
Nestle still bullish on plant protein despite dip in demand
Like the initial boom in craft beer, many investors piled into the faux meat market based on overly optimistic expectations of consumer uptake, Chief Technology Officer Stefan Palzer said in an interview Monday.15-11-2022
NESTLE INDIA LTD. - 500790 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding loss of share certificates of the Company.21-10-2022
Nestle stock: Is Maggi-maker's revenue jump high enough to offset margin pressure?
"Nestle's strong positioning in the domestic food market, innovative product portfolio and improving out-of-home consumption with a thrust on improving penetration in key markets is helping it to deliver consistent double-digit revenue growth for the past few quarters.20-10-2022
Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high
Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter19-10-2022
NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Financial Results of the Company for the third quarter and nine months ended 30th September 2022.19-10-2022
Q2FY23 Quarterly Result Announced for Nestle India Ltd.
FMCG company Nestle India announced Q2FY23 results: Total Sales of Rs 4,567 crore Total Sales Growth at 18.2%. Domestic Sales Growth at 18.3%. Profit from Operations at 20.3% of Sales Net Profit of Rs 668 crore Earnings Per Share of Rs 69.3 The Board of Directors have declared second interim dividend for 2022 of Rs.120/- per equity share (Face value Rs.10/- per equity share) amounting to Rs 1157.0 crore, which will be paid on and from 16 November 2022. This is in addition to the first interim dividend of Rs 25.00 per equity share paid on 6 May 2022. Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am delighted to share that we have witnessed the highest sales growth during a quarter in the last five years. This achievement has been on continued strong volume and mix evolution with broad based double-digit growth across all categories. Growth has been very strong in the large metros and mega cities and continued to be robust across smaller town classes including rural markets. This vindicates the consumer love and trust in our brands, the unwavering commitment of my team and our partners and the resilience of the organisation to ensure not just our products but our ‘product services’ are relevant, resonant, and accessible to consumers across India. Consumer relevance and connect is key for a Nestlé that is optimistic about its future. Taking this journey forward, to serve our valued consumers when and where it matters, I am delighted to announce the launch of our first ever ‘direct to consumer’ (D2C) platform – www.mynestle.in. Created specifically keeping the consumer needs in mind, I am confident that MyNestlé will delight the consumer in every way with curated product bundles, personalized gifting, subscriptions, discounts, and much more. Not just this, consumers can also try gourmet recipes on the site and get free nutrition counselling. Initially, MyNestlé will be launched in Delhi NCR and will expand to other parts of the country. I mentioned “optimistic” about Nestlé’s future in India and there are reasons for this! During the visit of the Global Board of Directors of Nestlé S.A. along with senior leadership team to India they saw the strong sustained business performance, a vibrant young and inspired team, the equity of our brands and our deep community and societal footprint. We underscored our commitment towards environmental sustainability, the digital revolution in India and how we are part of this and the immense potential not just for India but also for Nestlé in India. The visit gave us the opportunity to show case R&D; capabilities and endeavour to enhance the nutrition footprint using local grains like millets. The Global Board has strongly supported the direction to accelerate investment focus and the pace of business in India. This year also marks the seventh year of ‘Project Jagriti’. Through this initiative we have touched the lives of around 8.4 million direct and indirect beneficiaries across India. This is an important milestone in community service by creating an enabling environment in health, nutrition and hygiene practices by reaching out to vulnerable communities.” Result PDF19-10-2022
NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Date of payment of Dividend
The Board of Directors, at their meeting held today, declared Second Interim Dividend of Rs. 120/- (Rupees One Hundred Twenty Only) per equity share of Rs. 10/- each for the year 2022 on the entire issued, subscribed and paid-up share capital of the Company of 9,64,15,716 equity shares of the nominal value of Rs. 10/- each. Second Interim Dividend for the year 2022 will be paid on and from 16th November 2022 to those Members whose names appear in the Register of Members of the Company and as beneficial owners in the Depositories, as on the Record Date fixed for the purpose i.e., 1st November 2022, as intimated vide our letter PKR:GA 48:22 and 49:22 dated 10th October 2022.19-10-2022